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European utilities slide as investors reposition after Fed cuts

European utilities slide as investors reposition after Fed cuts By Alban Kacher Sept 19 (Reuters) - The European utilities sector slid on Thursday, as investors moved to less defensive stocks after the U.S. Federal Reserve cut interest rates by 50 basis points on Wednesday. The STOXX 600 Utilities Index .SX6P , which tracks the performance of European utility companies, recorded a 1.8% drop as of 0408 GMT.
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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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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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Cenbank divergences ending, apart from Japan - Amundi

LIVE MARKETS-Cenbank divergences ending, apart from Japan - Amundi STOXX 600 up 1.3% Fed cuts by 50 bps, eyes on BoE Ocado top index after results Miners, autos surge, utilities down 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 CENBANK DIVERGENCES ENDING, APART FROM JAPAN - AMUNDI It has been an eventful week for central bank activity.
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R&D picks in Europe

LIVE MARKETS-R&D picks in Europe STOXX 600 up 1.3% Fed cuts by 50 bps, eyes on BoE Ocado top index after results Miners, autos surge, utilities down 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 R&D PICKS IN EUROPE Research and development (R&D) has become a top priority for countries aiming to stay competitive in the global marketplace.
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Miners do heavy lifting as STOXX rises ahead of BOE

LIVE MARKETS-Miners do heavy lifting as STOXX rises ahead of BOE STOXX 600 up 0.9% Fed cuts by 50 bps, eyes on BoE Ocado top index after results Miners surge 3%, utilities down 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 MINERS DO HEAVY LIFTING AS STOXX RISES AHEAD OF BOE The STOXX 600 .STOXX is up 1% as markets digest the first rate cut in four years from the U.S's Federal R
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European shares advance as global markets cheer Fed's outsized rate cut

UPDATE 2-European shares advance as global markets cheer Fed's outsized rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Germany's DAX clocks record closing high Poland's Allegro slides after Q2 results Bank of England, Norway's c.bank hold rates steady STOXX 600 up 1.4% Updated at 1600 GMT By Shubham Batra and Shashwat Chauhan Sept 19 (Reuters) - European stocks jumped on Thursday after the U.S.
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European shares advance as Fed begins easing cycle with jumbo rate cut

European shares advance as Fed begins easing cycle with jumbo rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Sept 19 (Reuters) - European stocks jumped nearly 1% on Thursday after the U.S. Federal Reserve delivered a 50-basis-point rate cut and flagged that further easing would be measured, raising hopes of a soft landing for the American economy.
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STOXX eyes jubilant start after Fed's bumper cut

LIVE MARKETS-STOXX eyes jubilant start after Fed's bumper cut 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 STOXX EYES JUBILANT START AFTER FED'S BUMPER CUT European stocks are heading for a jubilant start to Thursday, rising 1% as markets digest Wednesday's larger-than-usual 50 bps rate cut from the U.S.
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UK inflation to keep BoE on cautious path

LIVE MARKETS-UK inflation to keep BoE on cautious path 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 UK INFLATION TO KEEP BOE ON CAUTIOUS PATH With the Federal Reserve's highly anticipated rate cut done and dusted, the Bank of England (BoE) is next up in the rate decision spotlight, although Thursday's outcome looks unlikely to be a head-turner.
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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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Getting the house in order: Housing starts/permits, mortgage demand

LIVE MARKETS-Getting the house in order: Housing starts/permits, mortgage demand Nasdaq edges higher; S&P ~flat; Dow dips Tech leads S&P 500 gainers; materials weakest group Euro STOXX 600 index off ~0.4% Dollar, gold ~flat; crude slips; bitcoin dips 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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Germany's Commerzbank has a bumpy history with big M&A

TIMELINE-Germany's Commerzbank has a bumpy history with big M&A Updates timeline originally published on Sept. 11 with latest developments By Tom Sims FRANKFURT, Sept 18 (Reuters) - Commerzbank CBKG.DE is poised to put CFO Bettina Orlopp in charge of talks with UniCredit CRDI.MI when the German bank's supervisory board meets next week, two people with knowledge of the matter said, as the Italian rival considers a takeover.
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