The stock market experienced a day of mixed results as the?S&P 500?and the?Nasdaq?indices reacted to the Federal Reserve?s decision to cut interest rates by 25 basis points. The Federal Open Market Committee?s revised guidance suggests a more cautious approach to future rate adjustments, indicating potential delays or smaller cuts.
* Fed outcome less hawkish than feared. * Dollar slides; euro, sterling hit new highs. * Fed to start technical buying of Treasury bills to manage market liquidity. By Rae Wee. The dollar fell on Thursday after the Federal Reserve delivered an outlook that was not as hawkish as some had anticipated, giving investors confidence to short the currency as they bet on two more rate cuts next year.
Gold prices rose on Thursday after the U.S. Federal Reserve cut interest rates, even as policymakers remained split on the outlook for further easing next year, while silver notched another record high. FUNDAMENTALS. * Spot gold rose 0.3% to $4,242.39 per ounce as of 0040 GMT. * U.S. gold futures for February delivery gained 1.1% to $4,271.30 per ounce.
The global interest rate landscape is suddenly looking a lot less benign than it did only a few weeks ago, suggesting 2026 could be much more volatile than investors had bargained for.
Major stock indexes jumped while U.S. Treasury yields declined on Wednesday after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead, even as the central bank signaled?it will likely pause reductions for now. The U.S. dollar was lower against major currencies.
The Hong Kong Monetary Authority on Thursday lowered its base interest rate charged via the overnight discount window by 25 basis points to 4.0%, tracking a cut by the U.S. Federal Reserve. Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a tight range of 7.75-7.85 per dollar.
* Fed lowers rates, signals pause and one 2026 cut. * US stocks end higher after Fed decision, Powell comments. * Dollar, yields fall. By Caroline Valetkevitch.
* Brazil's benchmark rate stands near two-decade high of 15% * Investors scour little-changed statement for clues on cuts. * Inflation forecast trimmed to 3.2% in mid-2027, near 3% target. By Marcela Ayres.
The Federal Reserve's move to expand its balance sheet again by buying Treasury bills is expected to ease money-market strains, calming investor worries that years of bond-portfolio runoff had drained too much liquidity from the financial system.
US equity indexes rose on Wednesday after the Federal Reserve cut interest rates for the third straight time, while placing a timeline on the end of quantitative tightening and raising the outlook for economic growth next year.
The dollar sank and Wall Street rallied on Wednesday, with the small-cap Russell 2000 index surging to new highs, after the Fed cut interest rates and Chair Jerome Powell offered a positive outlook on the path for growth and inflation. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
The Dow Jones Industrial Average notched its biggest single-day gain in about two weeks on Wednesday, advancing along with Wall Street's other major equity benchmarks after the Federal Reserve cut interest rates. The Dow climbed 1.1% to 48,057.8, marking its best day since Nov. 25. Barring utilities and consumer staples, all sectors ended higher, led by industrials and materials.
The dollar sank and Wall Street rallied on Wednesday, with the small-cap Russell 2000 index surging to new highs, after the Fed cut interest rates and Chair Jerome Powell offered a positive outlook on the path for growth and inflation. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
* Indexes close higher: Dow 1.05%, S&P 500 0.67%, Nasdaq x 0.33% * Federal Reserve cuts rates by 25 basis points, cites labor weakness. * GE Vernova (GEV) surges after bullish 2026 revenue forecast. By Sin?ad Carew and Johann M Cherian.
Wall Street ended higher on Wednesday,? after the Federal Reserve cut interest rates by a quarter percentage point as expected and investors bet on further easing down the road even as the central bank signaled that it will put further cuts on pause for now.
Brazil's central bank held interest rates at a nearly two-decade high on Wednesday for the fourth consecutive meeting, and kept its hawkish tone unchanged by stressing the need to maintain borrowing costs steady "for a very prolonged period."
The Toronto Stock Exchange closed at a fresh record high on Wednesday, this time after the Bank of Canada, as RBC put it, delivered a "well-telegraphed, widely-expected" hold on rates, although the balance of risks was seen to have shifted from hold/cut possibilities to hold/hike.
Banks Celebrate Decades-Long Relationship with Multicity Event. The Federal Home Loan Bank of Dallas and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana. This press release features multimedia.
* * Two-year yield poised for biggest drop in two months. * US labor costs rise slightly less than expected. By Chuck Mikolajczak. U.S. Treasury yields fell on Wednesday, after the Federal Reserve cut interest rates but signaled it will likely hold off on further reductions, in a move that was largely anticipated by market participants.
The U.S. dollar fell against
major peers including the euro, Swiss franc, and Japanese yen on
Wednesday after the Federal Reserve lowered interest rates in a
widely-expected move, but indicated it ...
* Loonie gains 0.4% against the U.S. dollar. * Touches its strongest since September 22. * BoC leaves its policy rate on hold at 2.25% * Canadian bond yields ease across the curve. By Fergal Smith.
Muni yields were little changed, and have barely moved over the past several trading sessions, said Kim Olsan, senior fixed income portfolio manager at NewSquare.
US equity indexes closed higher Wednesday after a divided Federal Reserve cut interest rates for the third straight meeting. * With the policy rate now within the neutral ranges, the Federal Open Market Committee has time to observe how the US economy evolves as more data are released, Chair Jerome Powell said at a press conference.
Gulf central banks cut key interest rates by 25 basis points on Wednesday, mirroring a move by the U.S. Federal Reserve to reduce rates by a quarter of a percentage point in another divided vote.
Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, raised the odds on Wednesday that the Federal Reserve will pause its easing cycle at the next policy meeting in January. Futures priced in a 78% chance the Fed will hold interest rates steady, compared with a 70% probability just before Wednesday's rate cut announcement.
* Indexes rally after Federal Reserve policy update. * Fed cuts rates by 25 basis points. * GE Vernova (GEV) surges after bullish 2026 revenue forecast. * Oracle, Broadcom (AVGO) results awaited this week. By Sin?ad Carew and Johann M Cherian.
Financial stocks advanced in late Wednesday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.3%. The Philadelphia Housing Index was climbing 3.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.7%. Bitcoin was rising 0.9% to $93,565, and the yield for 10-year US Treasuries fell 2 basis points to 4.16%. ...
Bitcoin is spiked briefly to $94,000 after the Federal Reserve cut interest rates by 25 basis points. Notable Statistics: Notable Developments: Trader Notes: Crypto trader Michael van de Poppe said traders are sticking to the standard FOMC playbook ? avoid leverage, avoid trading the announcement, expect the first move to be a head-fake, and wait for the real trend to form in the following days.
The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely-expected move, but indicated it will likely pause its easing cycle at the next policy meeting in January.
U.S. President Donald Trump said on Wednesday that the Federal Reserve's interest rate cut was small and that it could have been larger. Trump spoke at the White House after the Fed cut the benchmark policy interest rate by a quarter of a percentage point to the 3.50%-3.75% range.
Financial stocks advanced in late Wednesday afternoon trading, with the NYSE Financial Index rising 1.5% and the State Street Financial Select Sector SPDR ETF adding 1.3%. The Philadelphia Housing Index was climbing 3.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.7%. Bitcoin was rising 0.9% to $93,565, and the yield for 10-year US Treasuries fell 2 basis points to 4.16%. ...
* US central bankers split, with median seeing one rate cut in 2026. * Fed's Powell says rate policy well positioned. * Silver hits record high of $61.85/oz. By Ashitha Shivaprasad and Anushree Mukherjee. Dec 10 - Gold prices reversed course to rise on Wednesday after the Federal Reserve's rate cut, though uncertainty over next year's policy outlook persisted, while silver hit an all-time peak.
The U.S. dollar fell against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely expected move, but indicated it will likely pause its easing cycle at the next policy meeting in January.
* * Stocks up, dollar stays lower. * Powell says rate policy well positioned. By Caroline Valetkevitch. Major stock indexes added to gains while U.S. Treasury yields extended declines on Wednesday after the Federal Reserve cut interest rates and signalled it will likely pause further reductions in borrowing costs. The U.S. dollar stayed lower.
AST SpaceMobile Inc (ASTS) shares are trading higher Wednesday afternoon, climbing 3.6% immediately following the Federal Reserve?s decision to cut interest rates by 25 basis points. What To Know: The Fed?s move to lower the federal funds target range to 3.5%-3.75% has ignited a rally across high-beta sectors, including space technology.
After rate cuts at the last three Federal Open Market Committee meetings, the policy rate is in the range of neutral, giving the FOMC time to observe how the US economy evolves as more data are released, Federal Reserve Chair Jerome Powell said Wednesday at a press conference.
Federal Reserve Chair Jerome Powell said Wednesday that the current overshooting of the central bank's 2% inflation target is mostly the result of President Donald Trump's import tax hikes.
The Federal Reserve reduced its benchmark lending rate by 25 basis points Wednesday amid continued concerns about the health of the labor market, while policymakers reiterated their median rate expectations through 2028.
FHLB Dallas Pathway Fund Helps Organizations Prevent or Remediate Property Title Issues. The Federal Home Loan Bank of Dallas has awarded more than $4.3 million in Pathway Fund grants to assist 42 organizations with preventing or remediating heirs? property issues, such as resolving issues with a property title or establishing a will.
SEATTLE, Dec. 10, 2025 CD Valet?is a digital marketplace that connects consumers with the best CD rates and terms nationwide, helping community financial institutions effectively attract new deposits. However, strong opportunities for savers remain.
Federal Reserve Chairman Jerome Powell said U.S. central bank interest rate policy is well positioned to respond to what lies ahead for the economy, declining to provide guidance whether another interest rate cut lies in the near future.
* Indexes: Dow up 0.61%, S&P 500 up 0.27%, Nasdaq down 0.06% * Federal Reserve cuts rates by 25 basis points. * GE Vernova (GEV) surges after bullish 2026 revenue forecast. * Oracle, Broadcom (AVGO) results awaited this week. By Sin?ad Carew and Johann M Cherian.
The Federal Reserve reduced its benchmark lending rate by 25 basis points Wednesday amid continued concerns about the health of the labor market. The central bank's Federal Open Market Committee lowered interest rates to a range of 3.50% to 3.75%, in line with Wall Street's expectations and marking a third straight quarter-percentage-point cut.
J.P. Morgan Asset Management is about to engage in some serious product renovation, announcing plans to turn four U.S. mutual funds into ETFs next year. These proposed conversions represent approximately $4.6 billion in assets as of Oct 31, and encompass municipal bond, preferred securities, and equity strategies-what the firm describes as ideal ETF candidates.
The Federal Reserve cut interest rates on Wednesday in another divided vote, but signaled it will likely pause further reductions in borrowing costs as officials look for clearer signals about the direction of the job market and inflation that "remains somewhat elevated."
The U.S. dollar extended losses against major peers including the euro, Swiss franc, and Japanese yen on Wednesday after the Federal Reserve lowered interest rates in a widely expected move.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Log In Required
Publication Date