Tuesday, 17 September 2019

A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight lending market

Borrowing rates skyrocketed on Tuesday in a sleepy corner of Wall Street that is critical to the functioning of the global financial system.
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A crack just emerged in the financial markets: The NY Fed spends $53 billion to rescue the overnight lending market
Borrowing rates skyrocketed on Tuesday in a sleepy corner of Wall Street that is critical to the functioning of the global financial system. Read more »
 
Everyone thought the Fed would cut rates. The market is no longer so sure
Just about everyone predicted the Federal Reserve would cut interest rates on Wednesday. But the market no longer thinks so. Read more »
 
The GM strike was inevitable. How it will end isn't so clear
In November 2016, barely a year after General Motors signed its last four-year deal with the United Auto Workers union, the problems that would lead to this week's strike became apparent. Read more »
 
Oil shock hits a global economy that's already on shaky ground
Washington and Beijing are locked in a bitter trade war involving tariffs on hundreds of billions of dollars worth of goods. Consumer and business sentiment is suffering as global manufacturing contracts. Read more »
 
Oil prices tumble after Saudi Arabia says production is coming back online
Oil prices dropped sharply Tuesday, following Monday's surge that sent shock waves around the world. Read more »
 
Kraft Heinz stock tumbles after its second-biggest investor sells a big chunk of its stock
The nightmare year for Kraft Heinz continues. Read more »
 
 
 
 
Dow Nasdaq S&P
+33.98   +32.47   +7.74
27,110.80   8,186.02   3,005.70
+0.13%   +0.40%   +0.26%
YTD +16.22%   YTD +23.37%   YTD +19.90%
 
Biggest Winners
MSCI Inc +4.41%
 
Sealed Air Corp +4.14%
 
Ball Corp +3.88%
 
CME Group Inc +3.73%
Biggest Losers
Nordstrom Inc -9.76%
 
Apache Corp -8.54%
 
Marathon Oil Corp -7.76%
 
Helmerich and Payne Inc -7.05%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $58.82 -0.52 / -0.88%
Gold $1,509.20 -4.20 / -0.28%
10-yr 1.81% -0.03
Euro $1.11 +0.01 / +0.61%
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