Currency market is focused on tariffs, with wide range of dollar outcomes: BofA
The currency market is primarily focused on one thing for now, and that is uncertainty about tariffs, said BofA Securities strategist Alex Cohen, who added that "all indications point to some formal ...
U.S. stocks open mostly lower ahead of Fed rate decision
U.S. stock indexes were mostly lower on Wednesday morning ahead of the release of the Federal Reserve's first monetary-policy decision of the year. The Dow Jones Industrial Average was flat, trading ...
VIX rises as investors await Fed Chair Jerome Powell
The U.S. stock market’s so-called fear gauge was rising Wednesday as investors await the outcome of the Federal Reserve’s policy meeting. The CBOE Volatility Index, which trades under the ticker VIX, ...
UBS foresees more tariff threats and asset volatility ahead
Tariff risks to Europe and China may be underappreciated at the moment, with the possibility that the latter could see its effective rate rise to 30% from roughly 11%, according to UBS. “We anticipate ...
Traders will be looking for Fed 'endorsement' of two rate cuts penciled in for 2025, says strategists
Traders will be looking for the Federal Reserve to make an "endorsement" of the two rate cuts it penciled in for this year, according to Macquarie global strategists Thierry Wizman and Gareth Berry. B ...
Nasdaq, S&P, and Dow are muted ahead of Fed's rate decision, big tech earnings
Major averages are little changed on Wednesday, as investors turned their focus to the upcoming interest rate decision, and ...