News

In Kevin Warsh’s first vote as Fed chairman, the committee voted to keep interest rates unchanged on Wednesday. The decision, which was widely expected, comes as officials seek to determine if the recent oil shock will deliver long-term consequences to the broader economy. At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to keep its target for the federal-funds rate at 3.5% to 3.75% for the fourth consecutive meeting.

(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr

(Updates with index/price moves, macroeconomic data, and political/company news from the first parag

(Updates with index/price moves and political/macroeconomic news from the first paragraph.) US eq

s SpaceX's IPO raised a record $85.7 billion. Crypto traders are betting on a valuation of multi-trillions. Analysts remain cautious despite the rally. Crypto traders ...

The stock market was rising ahead of Kevin Warsh’s first Federal Open Market Committee meeting press conference. The Dow was up just 135 points, or 0.3%, after hitting another record on Tuesday. The Nasdaq was up 0.4%.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively trad

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

The market has the most to lose if the central bank raises interest rates. Its rally is powered by tech and AI, making it risky, risky, risky.

US stocks look set for a cautious start on Wednesday as investors await the first Federal Reserve interest rate decision under new chair Kevin Warsh, with the focus less on the immediate policy outcome and more on the route forward. Futures point to a flat open for the Dow Jones and S&P...

US equity futures were slightly higher pre-bell Wednesday as traders await the Federal Reserve's rat

The main US stock measures were mostly pointing higher in Wednesday's premarket activity as traders

The Fed is expected to hold rates steady, while SpaceX stock continues its post-IPO climb and chip stocks also advance

Wall Street futures pointed moderately higher pre-bell Wednesday, as oil prices steadied well under

U.S. stock futures rose as further details on a memorandum of understanding between the U.S. and Iran lifted sentiment.

Stocks were on track to rise Wednesday after more details about the U.S.-Iran peace deal leaked, bolstering hopes that the two countries are on the brink of reaching an agreement to end the war in the Middle East. Futures tracking the tech-heavy Nasdaq 100 gained 0.5%, while S&P 500 futures added 0.1%. The market looked set for a broader rally on Wednesday after The Wall Street Journal reported that the U.S. would allow Iran to immediately begin selling oil and fuel under the deal to end the war, citing people familiar with the agreement.

June 17 (Reuters) - S&P 500 and Nasdaq futures edged higher on Wednesday, as chip stocks rebounded ahead of the first interest rate decision under new Federal Reserve Chair Kevin Warsh.

Stocktwits data showed retail sentiment has improved to ‘bullish’ on SPY and ‘neutral’ on QQQ from ‘bearish’ earlier in the week.

The new Fed chair is likely to home in on elevated inflation and its primary causes.

The Dow rose 332 points, or 0.6%, to finish at a record high. Despite the downward slide of oil prices, trading ahead of Wednesday’s Fed interest rate decision was relatively “light and featureless,” writes Joe Mazzola, head trading and derivatives strategist at Charles Schwab. Kevin Warsh’s first press conference as Fed chairman is the big event tomorrow (more on that below), but the U.S. Census is also set to release a significant economic barometer on Wednesday morning: May retail sales.

Investors looked ahead to the Federal Reserve's next interest rate decision, the first to be delivered under Chair Kevin Warsh.

US stock futures rose modestly as investors looked ahead to the Federal Reserve's next interest rate decision, the first to be delivered under Chair Kevin Warsh.

US stock futures rose modestly as investors looked ahead to the Federal Reserve’s next interest rate decision, the first to be delivered under Chair Kevin Warsh.

Inflation continues to hit new highs, potentially with far-reaching effects on the market.

NEW YORK, June 16 (Reuters) - Wall Street was mixed on Tuesday as tech shares weighed on the S&P 500 and the Nasdaq while the Dow notched another record high and crude prices resumed their post-Iran-

The Dow Jones hit a new high and SpaceX kept rising. But chips and most AI stocks fell. Fed chief Kevin Warsh's comments will be in focus Wednesday.

The two key Nasdaq stock benchmarks will treat SpaceX very differently at first. The Nasdaq composite, a benchmark that includes virtually every stock that trades on the Nasdaq exchange, has already added SpaceX, weighted according to the company's full market cap of nearly $3 trillion. Nasdaq has long added companies listed on its exchange to this benchmark on their second day of trading.

By Sinéad Carew and Sruthi Shankar June 16 (Reuters) - The Nasdaq Composite and the S&P 500 lost ground on Tuesday under pressure from technology stocks, while the Dow Jones Industrial Average touched

(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr

The market has the most to lose if the central bank raises interest rates. Its rally is powered by tech and AI, making it risky, risky, risky.