NEW YORK, Sept 21- U.S.-based taxable-bond funds took in $7 billion during the latest week, the largest weekly intake since July, adding to an already strong year for debt against the backdrop of a rate-hiking cycle, Lipper data showed on Thursday. Taxable-bond mutual funds and exchange-traded funds have now brought in nearly $219 billion this year in the United...
NEW YORK, Sept 21- The U.S. Lingering worries over North Korea added to the weaker tone in U.S. stocks, with U.S. According to a Reuters poll late Wednesday of Wall Street's top banks, the Fed will resume rate hikes in December and in 2018 raise borrowing costs three more times.
Sept 21- U.S. stock indexes slipped on Thursday as investors braced for a third interest rate hike this year and the United States ordered new sanctions against North Korea. President Donald Trump opened the door to blacklisting people and entities doing business with North Korea, further tightening the screws on Pyongyang's nuclear and missile programs.
The market was down today as investors showed concern about a possible Fed rate hike in December.
Will the end of September bring a fall? Paul Hickey of Bespoke Investment Group discusses with Brian Sullivan.
Gold drops back below $1,300 per troy ounce. Erin Gibbs of S&P Global and Matt Maley of Miller Tabak discuss with Brian Sullivan.
Kevin Caron of Washington Crossing Advisors says next Friday's PMI data will be watched closely by the Federal Reserve as it decides whether to hike rates in December.
Sept 21- U.S. stock indexes were trading lower on Thursday, weighed down by Apple and rising expectations for a third interest rate hike this year. Federal Reserve would raise rates again this year and were also assessing the impact of the central bank's decision to start reducing its roughly $4.2 trillion U.S. With investors reacting to the signal for another...
*China credit rating gets cut. NEW YORK, Sept 21- The U.S. "The meeting was definitely more hawkish than what the market was anticipating," said Mary Ann Hurley, vice president in fixed income trading at D.A.
Todd Gordon of TradingAnalysis.com sees more pain ahead for Apple, so he uses an options trade to bet against the stock.
Scott Kimpel, former SEC attorney, discusses the security systems protecting the database that was hacked in the Securities and Exchange Commission.
WASHINGTON— A healthy gain in the stock market and steadily increasing home prices boosted Americans' household wealth this spring, a trend that likely adds to the nation's inequality. The Federal Reserve said Thursday Americans' net worth rose 1.8 percent to $96.2 trillion in the April-June quarter. And the wealthiest 1 percent held 42 percent of the nation's...
*China credit score gets cut. NEW YORK, Sept 21- The U.S. "The meeting was definitely more hawkish than what the market was anticipating," said Mary Ann Hurley, vice president in fixed income trading at D.A.
NEW YORK— The latest on developments in financial markets:. Stocks are closing slightly lower on Wall Street, erasing the market's gains from a day earlier. General Electric rose 1.8 percent.
SINGAPORE, Sept 21- Australian wheat prices have risen above offers being made for U.S. cargoes in Asia, a rare market situation that is expected to drive more purchases from North America, two trade sources said. "Earlier Australia faced competition from the cheaper producers, Russia and Ukraine, but now U.S. is offering competitive prices," said a Singapore- based...
NEW YORK, Sept 20- The Federal Reserve, the world's largest holder of U.S. debt, announced on Wednesday it was edging back from the market and investors barely budged. "The Fed's balance sheet will finally be turning a corner," said Brian Jacobsen, senior investment strategist at Wells Fargo Asset Management in Menomonee Falls, Wisconsin. In New York, JPMorgan chief...
Keep an eye on Fed policy and the transition of Fed leadership going into 2018.
NEW YORK, Sept 20- The S&P 500 and the Dow ended slightly higher on Wednesday, adding to their string of closing records, after the Federal Reserve signaled it expects another interest rate hike by year-end and disclosed timing for reducing its balance sheet. In line with expectations the Fed said it would begin in October to cut its roughly $4.2 trillion in U.S.
Jeremy Siegel, professor at the Wharton School, discusses the market and the Federal Reserve with Brian Sullivan.
Dennis Davitt of Harvest Volatility Management and Mark Tepper of Strategic Wealth Partners discuss Apple with Brian Sullivan.