Stocks ended Tuesday modestly lower even after minutes from the Federal Reserve’s December meeting reinforced expectations for further interest-rate cuts next year. Silver and gold bounced back after plunging from all-time highs.
Stocks ended Tuesday modestly lower even after minutes from the Federal Reserve’s December meeting reinforced expectations for further interest-rate cuts next year. Silver and gold bounced back after plunging from all-time highs.
US stocks slipped for a second straight day as traders trimmed bets on tech megacaps before the end of the year. Volatility gripped precious metals as silver retreated after touching a record high.
US stocks slipped for a second straight day as traders trimmed bets on tech megacaps before the end of the year. Volatility gripped precious metals as silver retreated after touching a record high.
Gold, silver, and platinum extended a historic end-of-year rally for precious metals, jumping to all-time highs, with spot gold peaking above $4,530 an ounce. Tatiana Darie has more on Bloomberg Television.
Stocks climbed in late trading after a positive report from Broadcom Inc. helped turn the tide for tech stocks.
BlackRock's Helen Jewell discusses how significant today's Federal Reserve's decision is for equity markets. "We'd originally priced in quite a few cuts kind of through the end of the year and into next year," she tells Bloomberg Television. "If that starts to stabilize a little bit, then, of course, from an equities perspective, this incredible rise in equities we've seen this year might see a little bit of a pause."
A gauge of global equities held firm after four days of gains, following a recovery fueled by bets that the Federal Reserve will cut interest rates faster than previously thought.
A gauge of global equities held firm after four days of gains, following a recovery fueled by bets that the Federal Reserve will cut interest rates faster than previously thought.
Tech stocks led the climb in US equities as rising expectations for interest-rate cuts helped carry traders’ newfound optimism into the Thanksgiving break. The dollar slumped.
Tech stocks led the climb in US equities as rising expectations for interest-rate cuts helped carry traders’ newfound optimism into the Thanksgiving break. The dollar slumped.
Anwiti Bahuguna, global asset allocation chief investment officer at Northern Trust, discusses the prospects for a Federal Reserve cut in December and why she's concerned about lower rates in a environment where inflation is still above target and the US economy is likely to accelerate. She speaks on Bloomberg Television.
Anmelden
Bloomberg Markets
