(Reuters) – U.S. stock index futures gained ground on Monday, as investors looked ahead to an anticipated Federal Reserve interest rate cut later in the week, as well as key data prints that will help set the tone for policy next year. The Fed’s final rate decision of the year is due on Wednesday, with…
Real estate brokerage firm Royal LePage expects house prices to increase six per cent annually by the end of 2025. (REUTERS/Chris Wattie) · REUTERS / Reuters Real estate brokerage firm Royal LePage expects home prices to increase six per cent annually by the end of 2025, according to its annual market survey forecast released Wednesday,…
By Stella Qiu SYDNEY (Reuters) -Asian stocks edged lower on Tuesday, contrasting with a strong Wall Street close and investor optimism about corporate earnings, while the dollar held near a two-month top, aided by bets on a smaller U.S. rate cut next month. Oil prices fell about 3% after Israeli Prime Minister Benjamin Netanyahu reportedly…
The Dow Jones Industrial Average, S&P 500, and Nasdaq are all jumping as Wall Street digests the impact of the Federal Reserve’s 50 basis point rate cut. Chip stocks are leading the way with Nvidia and Advanced Micro Devices both up more than 5% at midday. Another stock in focus is FedEx. The shipping giant…
By Lewis Krauskopf and Davide Barbuscia NEW YORK (Reuters) – One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether the central bank has kicked off its rate cutting cycle in time to keep the economy from slowing too rapidly. The Fed delivered a 50…