US stock futures climbed on Monday, heading into the shortened Thanksgiving trading week buoyed by hopes for an interest-rate cut and eyeing a further rebound from a pullback that has cooled this year’s AI-driven market rally. Dow Jones Industrial Average futures (YM=F) added roughly 0.2%, while S&P 500 futures (ES=F) advanced 0.5%. Contracts on the…
(Bloomberg) — Gold declined as traders weighed the chances of another Federal Reserve interest-rate cut before the end of the year. Bullion traded near $4,040 an ounce after a modest weekly loss. Several US central bank officials sounded a cautious note on monetary policy, though New York Fed President John Williams said he sees room…
US stock futures rose Sunday night as investors look for a turnaround heading into the shortened Thanksgiving trading week, following a pullback that has cooled this year’s AI-driven market rally. Dow Jones Industrial Average futures (YM=F) added roughly 200 points or 0.4%, while S&P 500 futures (ES=F) advanced 0.6%. Nasdaq-100 futures (NQ=F) climbed 0.9%. US…
Odds for another interest rate cut jumped Friday after New York Fed president John Williams signaled he could support a cut when the central bank meets in December. “I still see room for a further adjustment in the near term to the target range for the federal funds rate to move the stance of policy…
Topline The probability of an interest rate cut next month doubled on Friday, after New York Federal Reserve President John Williams said he sees room for a reduction in the “near term,” raising prospects among investors as waning hopes have pulled down stocks in recent days. Other Federal Reserve officials have supported maintaining the current…
Bitcoin BTC$83 292,08 staged a modest rebound in morning U.S. hours Friday after a 10% selloff overnight as the likelihood of a Federal Reserve rate cut in December jumped sharply following dovish remarks from New York Fed President John Williams. “I still see room for a further adjustment in the near term to the target range…
(Reuters) -New York Federal Reserve President John Williams met with Wall Street banks this week to discuss a key short-term lending facility, the Financial Times reported on Friday, amid signs of tighter market liquidity. “President Williams convened the New York Fed’s primary trading counterparties (primary dealers) to continue engagement on the purpose of the standing…
SIOUX FALLS, S.D. (Dakota News Now) -In dominating fashion the Sioux Falls Christian Boys Tennis team went back to back by winning all 9 flights at Huether Match Pointe on Tuesday in Sioux Falls. The Chargers amassed 600 points and RC Christian was a distance 2nd with 390.5 points. Sophomore Mitchell Hofer won the #1…