Trading news

Market update

Energy stocks receive a boost

Energy stocks were the best performers in the US yesterday, with the S&P 500 grouping adding 1.31% in the session, even outpacing the buoyant consumer discretionary sector.

Market update

Global markets fall short of post-Fed expectations

Last week in the market didn't live up to its billing, despite a historic rate cut from the US Federal Reserve and the S&P 500 making new all-time highs.

Weekly outlook

The Week Ahead: PMI data, Micron results, US PCE inflation

Read our preview of major market events in the week beginning Monday, 23 September 2024, and view our economic and company reports calendar.

Market update

Equity markets soar on Fed interest rate cuts

The US Federal Reserve rode to the rescue, though what exactly the market was being rescued from is unclear. Equity markets lapped up reduced borrowing costs and the prospect of more to come.

Market update

Major US indices drop as the Fed cuts deep

The US entered a phase of lower interest rates yesterday as the Federal Reserve cut rates by 50 basis points, a bold move that surprised some market watchers.

Market update

All eyes on the FOMC interest rate decision

Today at 7pm (UK time), the FOMC will decide what happens next to US interest rates, with the big question for markets this week being whether it will cut rates by 25 or 50 basis points.

Forex

Could strong positive yen momentum impact the Nikkei 225?

USD/JPY continues to lose ground, hitting new annual lows. Learn more about what this strength in the yen could mean for carry trades and the Nikkei 225.

Market update

Mixed trading as markets prepare for FOMC meeting

Yesterday was a mixed session in the US, as the Nasdaq 100 and Nasdaq composite indices lost 0.5% while the Dow Jones and the S&P 500 made modest gains.

Market update

S&P 500 rallies ahead of FOMC meeting

The S&P 500 added just over 4% over the last five trading days, to close out last week less than 1% below its all-time high, ahead of this week's US Fed rate meeting.