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Dollar gains ground after Fed delivers bumper 50 basis point rate cut

FOREX-Dollar gains ground after Fed delivers bumper 50 basis point rate cut Federal Reserve delivers cut of 50 basis points Traders pricing in more 2024 cuts of nearly 70 basis points Yield curve hits steepest level in more than two years Adds details from Powell press conference By Karen Brettell and Chibuike Oguh NEW YORK, Sept 18 (Reuters) - The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence
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U.S. stocks gyrate lower after Fed slashes rates by 50 bps

LIVE MARKETS-U.S. stocks gyrate lower after Fed slashes rates by 50 bps Main U.S. indexes end modestly lower Utilities down most among S&P 500 sectors; Energy biggest gainer Dollar edges higher; gold, bitcoin dip; crude off >1% U.S. 10-Year Treasury yield jumps to ~3.71% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Dollar drops as Fed cuts rates by half a percentage point

CORRECTED-FOREX-Dollar drops as Fed cuts rates by half a percentage point Corrects to yuan strengthened versus dollar instead of yuan down in paragraph 8 By Karen Brettell and Chibuike Oguh NEW YORK, Sept 18 (Reuters) - The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S.
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U.S. stocks rally, yields slip, after Fed cuts rates 50 bps

LIVE MARKETS-U.S. stocks rally, yields slip, after Fed cuts rates 50 bps Main U.S. indexes green after Fed cuts rates by 50 bps Dollar falls; crude dips; bitcoin, gold gain U.S. 10-Year Treasury yield edges up to ~3.66% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com U.S.
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Dollar drops as Fed cuts rates by half a percentage point

FOREX-Dollar drops as Fed cuts rates by half a percentage point NEW YORK, Sept 18 (Reuters) - The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target. The Fed cut the overnight rate to the 4.75%-5.00% range and policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full perce
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Given uncertainties, maybe best to plant in dividend growers

LIVE MARKETS-Given uncertainties, maybe best to plant in dividend growers Main U.S. indexes edge down ahead of FOMC decision S&P 500 sectors mixed, changes modest Dollar, gold ~flat; crude dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com GIVEN UNCERTAINTIES, MAYBE BEST TO PLANT IN DIVIDEND GROWERS Equity markets hav
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Former Fed trader sees 25 bp rate cut

LIVE MARKETS-Former Fed trader sees 25 bp rate cut Main U.S. indexes edge down ahead of FOMC decision S&P 500 sectors mixed, changes modest Euro STOXX 600 index off ~0.5% Dollar, gold ~flat; crude dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Amid last week's big gains, BofA clients were small net sellers

LIVE MARKETS-Amid last week's big gains, BofA clients were small net sellers Main U.S. indexes edge down ahead of FOMC decision S&P 500 sectors mostly red, but changes modest Euro STOXX 600 index off ~0.5% Dollar ~flat; gold edges up; crude dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Distressed debt performance to improve, alternative assets to cross $30 trln by 2030 - Preqin

LIVE MARKETS-Distressed debt performance to improve, alternative assets to cross $30 trln by 2030 - Preqin All three major U.S. stock indexes slightly red Energy leads S&P 500 gainers; materials weakest group Euro STOXX 600 index off ~0.5% Dollar ~flat; gold, crude inch higher; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Getting the house in order: Housing starts/permits, mortgage demand

LIVE MARKETS-Getting the house in order: Housing starts/permits, mortgage demand Nasdaq edges higher; S&P ~flat; Dow dips Tech leads S&P 500 gainers; materials weakest group Euro STOXX 600 index off ~0.4% Dollar, gold ~flat; crude slips; bitcoin dips U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Wall Street stalls as investors hold their breath for Fed

LIVE MARKETS-Wall Street stalls as investors hold their breath for Fed Indexes muted in early trade, Nasdaq edges higher Energy leads S&P 500 gainers; healthcare lags Euro STOXX 600 index off ~0.3% Dollar edges red; crude dips; bitcoin off >1%; gold ~flat U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Momentum out front, but is there a shift afoot?

LIVE MARKETS-Momentum out front, but is there a shift afoot? Main U.S. equity index futures edge green: Nasdaq 100 up ~0.2% Housing starts, building permits > ests; mortgage index jumps Euro STOXX 600 index off ~0.3% Dollar edges red; bitcoin, crude dip; gold up slightly U.S. 10-Year Treasury yield rises to ~3.68% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Your move, Chairman Powell

LIVE MARKETS-Your move, Chairman Powell Nasdaq ends green; S&P 500 ekes out gain; Dow ends barely lower Energy leads S&P 500 gainers; healthcare weakest group Dollar up; crude up ~2%; bitcoin jumps >4%; gold dips U.S. 10-Year Treasury yield rises to ~3.65% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com YOUR MOVE, CHAIRMAN POWELL The S&P 500 index briefly touched an intraday reco
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US dollar strengthens ahead of expected Fed rate cut

FOREX-US dollar strengthens ahead of expected Fed rate cut Markets brace for likely first rate cut since March 2020 Traders pricing in more than 60% chance of a 50 bps cut Retail sales and other economic show stronger US economy Pound Sterling weakens as BOE set to hold rates Updates prices throughout, adds analyst comment By Chibuike Oguh NEW YORK, Sept 17 (Reuters) - The U.S.
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US dollar strengthens ahead of expected Fed rate cut

FOREX-US dollar strengthens ahead of expected Fed rate cut Markets brace for likely first rate cut since March 2020 Traders pricing in more than 60% chance of a 50 bps cut Retail sales and other economic show stronger US economy Pound Sterling weakens as BOE set to hold rates Updates prices throughout, adds analyst comment By Chibuike Oguh NEW YORK, Sept 17 (Reuters) - The U.S.
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Small caps may need very hot or cold, no in-between

LIVE MARKETS-Small caps may need very hot or cold, no in-between S&P 500, Dow turn red; Nasdaq ~flat Energy leads S&P 500 gainers; healthcare weakest group Dollar up slightly; crude up >2%; bitcoin jumps U.S. 10-Year Treasury yield edges up to ~3.65% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SMALL CAPS MAY NEED VERY HOT OR COLD, NO IN-BETWEEN The Russell 2000 .RUT small cap
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What happens to yields after the Fed? Three scenarios

LIVE MARKETS-What happens to yields after the Fed? Three scenarios Main U.S. indexes green; S&P 500 scores record intraday high Energy leads S&P 500 gainers; healthcare weakest group Euro STOXX 600 index up ~0.4% Dollar up slightly; crude up >1%; bitcoin jumps >5%; gold dips U.S. 10-Year Treasury yield edges up to ~3.64% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Crypto-related stocks climb as bitcoin jumps over 6%

BUZZ-Crypto-related stocks climb as bitcoin jumps over 6% ** Cryptocurrency and blockchain-related stocks climb as bitcoin hits three-week high on Tues ** Bitcoin BTC= , world's biggest cryptocurrency, recently up >6% at $61,201, while Ether ETH= up 4.7% at $2,381.50 ** Crypto exchange Coinbase Global COIN.O up >3%, and blockchain farm operator Bitfarms BITF.O up >4% on Tues ** Crypto miners rise: Riot Platforms RIOT.O 3%, Marathon Digital MARA.O ~3 % , Hut 8 HUT.O ~6 %, Bit Digital BTBT.O >12%
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Tuesday data: Less unhappy days are here again

LIVE MARKETS-Tuesday data: Less unhappy days are here again Main U.S. indexes green; S&P 500 scores record intraday high Cons disc leads S&P 500 gainers; healthcare weakest group Euro STOXX 600 index up ~0.5% Dollar up slightly; crude up >1%; bitcoin jumps >5%; gold dips U.S. 10-Year Treasury yield edges up to ~3.64% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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S&P 500 flirts with record highs

LIVE MARKETS-S&P 500 flirts with record highs Main U.S. indexes green; Nasdaq out front, up ~0.8% Aug industrial production MM > est; Sep NAHB housing > est Euro STOXX 600 index up ~0.4% Dollar up slightly; crude up >1%; bitcoin jumps ~4%; gold ~flat U.S. 10-Year Treasury yield rises to ~3.64% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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