Wednesday 18 September 2019

The Fed should cut twice more, strategist says

"What we're starting to see is that the global slowdown that started overseas ... is finally coming to the US," Matt Diczok, fixed income strategist at Bank of America, told Paula Newton on CNN Business' digital live show Markets Now.
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The Fed should cut twice more, strategist says
"What we're starting to see is that the global slowdown that started overseas ... is finally coming to the US," Matt Diczok, fixed income strategist at Bank of America, told Paula Newton on CNN Business' digital live show Markets Now. Read more »
 
The Fed cut rates for the second time this year
The Federal Reserve on Wednesday cut interest rates for the second time in two months amid growing worries about a potential global slowdown. Read more »
 
For the second day in a row, the New York Fed injected billions of dollars into the market
For the second day in a row, the New York Federal Reserve injected a huge sum of money into the financial system in a bid to calm stress that has emerged in the overnight lending market. Read more »
 
How Hasbro managed a stunning comeback in a post-Toys-'R'-Us world
Christmas is still more than three months away. But it feels like the holidays are already here for Hasbro shareholders. The stock is up more than 45% this year and CEO Brian Goldner is feeling pretty bullish. Read more »
 
Investors turn up the heat on companies over climate change
Investors managing assets worth $35 trillion are sending a message to governments and companies: Do more to fight climate change. Read more »
 
America's CFOs brace for a recession prior to the 2020 election
America's top finance chiefs are on high alert for a recession. For the first time in several years, economic uncertainty is now their lead concern, replacing worries about the difficulty of hiring and retaining talented workers. Read more »
 
 
 
 
Dow Nasdaq S&P
+36.28   -8.62   +1.03
27,147.08   8,177.39   3,006.73
+0.13%   -0.11%   +0.03%
YTD +16.37%   YTD +23.24%   YTD +19.94%
 
Biggest Winners
KLA Corp +3.53%
 
Comerica Inc +2.20%
 
SVB Financial Group +2.07%
 
Lennar Corp +1.98%
Biggest Losers
FedEx Corp -12.92%
 
Alexion Pharmaceuticals Inc -4.50%
 
Noble Energy Inc -3.39%
 
Dentsply Sirona Inc -2.98%
Hottest ETF
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NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $58.23 +0.12 / +0.21%
Gold $1,500.90 -14.90 / -0.98%
10-yr 1.79% -0.03
Euro $1.10 -0.00 / -0.42%
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