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Wall Street does the Fed pivot dance: S&P 500, Dow nab record closing highs

LIVE MARKETS-Wall Street does the Fed pivot dance: S&P 500, Dow nab record closing highs Major indexes rally; Nasdaq gains ~2.5% Tech leads S&P 500 sector gainers; Staples weakest group Dollar off; gold up >1%, crude up >1.5%; bitcoin up ~5% U.S. 10-Year Treasury yield rises to ~3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Still cautious on small caps over the near term - BofA

LIVE MARKETS-Still cautious on small caps over the near term - BofA Main U.S. indexes rally, Nasdaq up ~2.8% Tech leads S&P 500 sector gainers; utilities weakest group Dollar off; gold up >1%, crude up >1.5%; bitcoin up >5% U.S. 10-Year Treasury yield rises to ~3.75% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Rate sensitive bank stocks rally after cuts

LIVE MARKETS-Rate sensitive bank stocks rally after cuts Main U.S. indexes rally, Nasdaq up ~2.8% Tech leads S&P 500 sector gainers; utilities weakest group Euro STOXX 600 index rises 1.4% Dollar off; gold up >1%, crude up ~2%; bitcoin rallies ~5% U.S. 10-Year Treasury yield rises to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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With first Fed cut, it's time for a changing of the guard - SG

LIVE MARKETS-With first Fed cut, it's time for a changing of the guard - SG Main U.S. indexes rally, Nasdaq up >2.5% Tech leads S&P 500 sector gainers; utilities weakest group Euro STOXX 600 index up >1% Dollar off; gold, crude up >1%; bitcoin rallies ~5% U.S. 10-Year Treasury yield rises to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Larger Fed cut raises risks for US dollar

LIVE MARKETS-Larger Fed cut raises risks for US dollar Main U.S. indexes rally, Nasdaq up >2.0% Tech leads S&P sector gainers; utilities weakest group Euro STOXX 600 index up ~1.3% Dollar off; gold, crude up ~1%; bitcoin rallies ~4.5% U.S. 10-Year Treasury yield rises to ~3.73% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Thursday data roundup: Fed hangover

LIVE MARKETS-Thursday data roundup: Fed hangover Main U.S. indexes rally, Nasdaq up >2.5% Tech leads S&P sector gainers; utilities weakest group Euro STOXX 600 index up ~1.3% Dollar off; gold, crude up ~1%; bitcoin rallies ~5% U.S. 10-Year Treasury yield rises to ~3.72% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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listed crypto stocks jump after bumper rate cut from Fed

UPDATE 2-US-listed crypto stocks jump after bumper rate cut from Fed Adds analyst comment in paragraph 8, updates prices By Niket Nishant Sept 19 (Reuters) - U.S.-listed crypto shares jumped on Thursday after a half-percentage point interest rate cut b oosted risk appetite , adding to the momentum of an industry that has already secured some big wins this year.
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Wall Street rallies as Fed pivot sinks in

LIVE MARKETS-Wall Street rallies as Fed pivot sinks in Major indexes rally, Nasdaq up >2% Tech leads S&P sector gainers; utilities weakest group Euro STOXX 600 index up ~1.4% Dollar ~flat; gold up; crude up ~1%; bitcoin up >4% U.S. 10-Year Treasury yield rises to ~3.74% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Jefferies says banking industry's interest income in jeopardy, but deposits could be cheaper

LIVE MARKETS-Jefferies says banking industry's interest income in jeopardy, but deposits could be cheaper U.S. equity index futures sharply higher: Nasdaq 100 up >2% Euro STOXX 600 index up ~1.4% Dollar dips; gold, crude gain; bitcoin up >4% U.S. 10-Year Treasury yield rises to ~3.75% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Nasdaq composite: Land of confusion

LIVE MARKETS-Nasdaq composite: Land of confusion U.S. equity index futures sharply higher: Nasdaq 100 up >2% Initial claims 219k vs 230k est; Philly Fed +1.7 vs -1.0 est Euro STOXX 600 index up ~1.3% Dollar ~flat; gold gains; crude up >1%; bitcoin up >4% U.S. 10-Year Treasury yield rises to ~3.77% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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listed crypto stocks jump after bumper rate cut from Fed

US-listed crypto stocks jump after bumper rate cut from Fed By Niket Nishant Sept 19 (Reuters) - U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into risky assets, adding to the momentum of an industry that has already secured some big wins this year. The move could revive interest in bitcoin BTC= , the most popular cryptocurrency, which often sways the entire sector as investors chase higher returns and dump safe-have
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Dollar gains ground after Fed delivers bumper 50 basis point rate cut

FOREX-Dollar gains ground after Fed delivers bumper 50 basis point rate cut Federal Reserve delivers cut of 50 basis points Traders pricing in more 2024 cuts of nearly 70 basis points Yield curve hits steepest level in more than two years Adds details from Powell press conference By Karen Brettell and Chibuike Oguh NEW YORK, Sept 18 (Reuters) - The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence
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U.S. stocks gyrate lower after Fed slashes rates by 50 bps

LIVE MARKETS-U.S. stocks gyrate lower after Fed slashes rates by 50 bps Main U.S. indexes end modestly lower Utilities down most among S&P 500 sectors; Energy biggest gainer Dollar edges higher; gold, bitcoin dip; crude off >1% U.S. 10-Year Treasury yield jumps to ~3.71% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Dollar drops as Fed cuts rates by half a percentage point

CORRECTED-FOREX-Dollar drops as Fed cuts rates by half a percentage point Corrects to yuan strengthened versus dollar instead of yuan down in paragraph 8 By Karen Brettell and Chibuike Oguh NEW YORK, Sept 18 (Reuters) - The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S.
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U.S. stocks rally, yields slip, after Fed cuts rates 50 bps

LIVE MARKETS-U.S. stocks rally, yields slip, after Fed cuts rates 50 bps Main U.S. indexes green after Fed cuts rates by 50 bps Dollar falls; crude dips; bitcoin, gold gain U.S. 10-Year Treasury yield edges up to ~3.66% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com U.S.
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Dollar drops as Fed cuts rates by half a percentage point

FOREX-Dollar drops as Fed cuts rates by half a percentage point NEW YORK, Sept 18 (Reuters) - The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target. The Fed cut the overnight rate to the 4.75%-5.00% range and policymakers see the Fed's benchmark rate falling by another half of a percentage point by the end of this year, another full perce
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Given uncertainties, maybe best to plant in dividend growers

LIVE MARKETS-Given uncertainties, maybe best to plant in dividend growers Main U.S. indexes edge down ahead of FOMC decision S&P 500 sectors mixed, changes modest Dollar, gold ~flat; crude dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com GIVEN UNCERTAINTIES, MAYBE BEST TO PLANT IN DIVIDEND GROWERS Equity markets hav
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Former Fed trader sees 25 bp rate cut

LIVE MARKETS-Former Fed trader sees 25 bp rate cut Main U.S. indexes edge down ahead of FOMC decision S&P 500 sectors mixed, changes modest Euro STOXX 600 index off ~0.5% Dollar, gold ~flat; crude dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Amid last week's big gains, BofA clients were small net sellers

LIVE MARKETS-Amid last week's big gains, BofA clients were small net sellers Main U.S. indexes edge down ahead of FOMC decision S&P 500 sectors mostly red, but changes modest Euro STOXX 600 index off ~0.5% Dollar ~flat; gold edges up; crude dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Distressed debt performance to improve, alternative assets to cross $30 trln by 2030 - Preqin

LIVE MARKETS-Distressed debt performance to improve, alternative assets to cross $30 trln by 2030 - Preqin All three major U.S. stock indexes slightly red Energy leads S&P 500 gainers; materials weakest group Euro STOXX 600 index off ~0.5% Dollar ~flat; gold, crude inch higher; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.69% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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