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Stocks shine, Treasury yields rise as rate cut stokes risk appetite

GLOBAL MARKETS-Stocks shine, Treasury yields rise as rate cut stokes risk appetite World stocks push higher after bumper Fed cut Fed move seems to point to soft landing Risk appetite weighs on Treasury bonds Graphic: World FX rates http://tmsnrt.rs/2egbfVh Updates prices at 4.20 pm ET By Isla Binnie NEW YORK, Sept 19 (Reuters) - Major Wall Street indexes broke record highs after global counterparts booked gains and Treasury yields rose on Thursday as the start of the Federal Reserve's first rate
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S&P 500 surges to record high close on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high close on euphoria over Fed rate cut Dow closes above 42,000 for the first time BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut S&P 500 +1.70%, Nasdaq +2.51%, Dow +1.26% Adds Dow milestone number By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon
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S&P 500 surges to record high close on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high close on euphoria over Fed rate cut Dow also posts record closing high BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut S&P 500 +1.70%, Nasdaq +2.51%, Dow +1.26% Updates with official closing figures, volume numbers, advancers decliners, individual stocks By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 b
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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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S&P 500 surges to record high close on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high close on euphoria over Fed rate cut Dow also posts record closing high BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut Updates to close By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to a record high close on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.7% KLA Corp KLAC.OQ +6.2% Advanced Micro Devices Inc AMD.OQ +6.0% PayPal Holdings Inc PYPL.OQ +6.0% Applied Materials Inc AMAT.OQ +6.0% Bottom Performers Percent Change Moderna Inc MRNA.OQ -2.6% Dollar Tree Inc DLTR.OQ -2.5% Charter Communications Inc CHTR.OQ -2.1% American Electric Power Company Inc AEP.OQ -1.4% Warner Bros Discovery Inc WBD.OQ -1.2% The Nasd
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S&P 500 surges to record high on euphoria over Fed rate cut

US STOCKS-S&P 500 surges to record high on euphoria over Fed rate cut S&P 500, Dow hit record highs BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's rate cut S&P 500 +1.87%, Nasdaq +2.70%, Dow +1.42% Updated at 3:13 p.m. ET/1913 GM By Noel Randewich and Purvi Agarwal Sept 19 (Reuters) - The S&P 500 surged to intra-day record highs on Thursday, the day after the Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon.
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U.S. STOCKS Children's Place, US energy sector, retailers

BUZZ-U.S. STOCKS ON THE MOVE-Children's Place, US energy sector, retailers Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes soared on Thursday with the S&P 500 and the Dow hitting intraday record highs after the Federal Reserve kicked off its monetary easing cycle with half-a-percentage point reduction and forecast more interest rate cuts were on the hor
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Wall St propelled higher by broad gains after Fed kicks off easing cycle

US STOCKS-Wall St propelled higher by broad gains after Fed kicks off easing cycle For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. S&P 500, Dow hit record highs BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's jumbo rate cut Weekly jobless claims stand at 219,000 Indexes up: Dow 1.03%, S&P 500 1.73%, Nasdaq 2.78% Updated at 11:49 a.m.
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U.S. STOCKS Spotify, Coursera, Tandem Diabetes Care

BUZZ-U.S. STOCKS ON THE MOVE-Spotify, Coursera, Tandem Diabetes Care Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street rallied on Thursday with the S&P 500 hitting another intraday record high after the Federal Reserve kicked off its easing cycle with half-a-percentage point reduction and forecast more cuts were on the horizon.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.5% Airbnb Inc ABNB.OQ +6.3% Advanced Micro Devices Inc AMD.OQ +5.9% PayPal Holdings Inc PYPL.OQ +5.8% Baker Hughes Co BKR.OQ +5.7% Bottom Performers Percent Change American Electric Power Company Inc AEP.OQ -1.7% Dollar Tree Inc DLTR.OQ -1.4% Exelon Corp EXC.OQ -1.3% O'Reilly Automotive Inc ORLY.OQ -1.2% Xcel Energy Inc XEL.OQ -0.8% The Nasdaq 100 .NDX gained
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S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Darden Restaurants Inc DRI.N +7.8% Tesla Inc TSLA.OQ +6.6% Airbnb Inc ABNB.OQ +6.4% Factset Research Systems Inc FDS.N +6.1% Advanced Micro Devices Inc AMD.OQ +5.9% Bottom Performers Percent Change Ventas Inc VTR.N -3.3% American Tower
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Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle

US STOCKS-Wall St jumps with tech stocks in the lead after Fed kicks off easing cycle For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. S&P 500, Dow hit record highs BofA expects Fed to go for 75-bp cut in Q4 US big banks rise after Fed's jumbo rate cut Weekly jobless claims stand at 219,000 Indexes up: Dow 0.94%, S&P 500 1.29%, Nasdaq 2.15% Updated at 09:46 a.m.
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Fighting Brazil ban, X to name legal representative 'very soon', its lawyers say

UPDATE 3-Fighting Brazil ban, X to name legal representative 'very soon', its lawyers say X's legal representative yet to be chosen, lawyers say Move would be X's first step towards meeting Brazil's demands X at risk of nearly $1 mln daily fine for skirting suspension Adds interviews with X lawyers in Brazil in paragraphs 3-4, 10, 13 By Ricardo Brito and Luciana Magalhaes BRASILIA, Sept 19 (Reuters) - Elon Musk's social media platform X will present a Brazil legal representative to the local Sup
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Brazil's top court orders X not to circumvent ban at risk of daily fine

Brazil's top court orders X not to circumvent ban at risk of daily fine BRASILIA, Sept 19 (Reuters) - Brazil's Supreme Court ordered Elon Musk-owned social media platform X not to try to circumvent a previous ruling suspending the platform in the country, at risk of a daily fine of 5 million reais ($921,726.95), a court decision showed Thursday. X became accessible to many users in Brazil on Wednesday as an update to its communications network circumvented the court-ordered block.
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Autos take driver’s seat in China’s new economy

RPT-BREAKINGVIEWS-Autos take driver’s seat in China’s new economy The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, Sept 19 (Reuters Breakingviews) - Autos are taking the driver’s seat in China’s new economy, and that is making Beijing protective. The commerce ministry is urging the country's carmakers to use so-called knock-down factories that merely assemble vehicles overseas, rather than building entire production lines o
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EU car sales at 3-year low in August, EV sales plunge 44%

UPDATE 1-EU car sales at 3-year low in August, EV sales plunge 44% Recasts with ACEA call for action, adds graphics By Greta Rosen Fondahn and Alessandro Parodi Sept 19 (Reuters) - New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged down by double-digit losses in major markets Germany, France and Italy and sliding electric vehicle (EV) sales, auto industry body data showed on Thursday.
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EU car sales at 3-year low in August, EV sales down 43.9%, ACEA says

EU car sales at 3-year low in August, EV sales down 43.9%, ACEA says By Greta Rosen Fondahn and Alessandro Parodi Sept 19 (Reuters) - New car sales in the European Union fell 18.3% in August to their lowest in three years, dragged by double-digit losses in major markets Germany, France and Italy, data from Europe's auto industry body showed on Thursday.
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Autos take driver’s seat in China’s new economy

BREAKINGVIEWS-Autos take driver’s seat in China’s new economy The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Katrina Hamlin HONG KONG, Sept 19 (Reuters Breakingviews) - Autos are taking the driver’s seat in China’s new economy, and that is making Beijing protective. The commerce ministry is urging the country's carmakers to use so-called knock-down factories that merely assemble vehicles overseas, rather than building entire production lines outsi
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Workers at Musk's Tesla, SpaceX and X donate to Harris while he backs Trump

Workers at Musk's Tesla, SpaceX and X donate to Harris while he backs Trump By Sheila Dang Sept 18 (Reuters) - Billionaire Elon Musk has endorsed Republican former President Donald Trump in the race for the White House, but employees at his collection of companies are largely donating to Trump's Democratic rival Kamala Harris . Workers at Tesla TSLA.O have contributed $42,824 to Harris' presidential campaign versus $24,840 to Trump's campaign, according to OpenSecrets, a nonpartisan nonprofit th
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