Indian benchmark equity indices opened sharply lower on Thursday, with the Sensex plunging over 1,000 points and the Nifty falling below the 24,000 mark. The decline followed the US Federal Reserve’s projection of fewer interest rate cuts in 2025, citing…
The stock sell-off on Wall Street was “healthy,” as the Federal Reserve’s cautionary projection on future rate cuts gives investors a “reality check,” according to Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School. The U.S. Federal…
BANGKOK (AP) — Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the year when the Federal Reserve hinted it may deliver fewer rate cuts in 2025 than earlier thought. The Fed cut…
Trading today will be influenced by the US Federal Reserve’s latest decision. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Thursday after US Federal Reserve’s hawkish commentary. While BSE…
Photo: Spencer Platt (Getty Images) The Dow Jones Industrial Average and other indices declined sharply after the Federal Open Market Committee announced a quarter percentage point reduction in interest rates on Wednesday afternoon and just two more interest rate cuts…
Rate-sensitive stocks plummeted on Wednesday after the Federal Reserve scaled back its forecast for future interest rate cuts and projected inflation would run hotter than previously expected next year. The Fed cut rates by 25 basis points on Wednesday, as…
The Federal Reserve gave the market what it wanted Wednesday, but investors found themselves still disappointed by the move. The central bank cut interest rates by a quarter point, bringing the target range to 4.25% to 4.5%. But investors were…
Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall. The S&P 500 lost 2.4% and the Nasdaq Composite shed nearly 3%, with losses…
The stock market swooned Wednesday in response to a piece of news that might not seem all that dire on first read: The Federal Reserve could cut interest rates fewer times in 2025 than experts had predicted. The Dow Jones…
(Reuters) -U.S. stocks plunged on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank’s economic projections signaled a slower pace of cuts next year. According to preliminary data, the S&P…
