The Latest Breaking News on Markets

On Thursday, major U.S. indexes closed lower, with the Dow Jones Industrial Average slipping 0.2% to 47,522.12, the SP 500 falling nearly 1% to 6,822.34, and the Nasdaq dropping about 1.6% to 23,581.14.

The S&P/ASX200 has fallen by more than one per cent since Monday, with interest rate-sensitive stocks under pressure as investors reprice rate cut hopes.

(Editor’s note: The future prices of benchmark tracking ETFs, the headline, and the lede were updated in the story.)

Major stock indexes traded mixed on Wednesday, with the Dow Jones Industrial Average slipping nearly 0.2% to 47,632 and the SP 500 holding steady at 6,890.59, while the Nasdaq gained 0.55% to 23,958.47.The Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.00% and announced it would…

Stocks sold off late Wednesday after Fed Chair Jerome Powell pushed back on expectations for another interest rate cut in December, warning that such a move is "far from a foregone conclusion” as the Federal Open Market Committee remains divided and incoming data remains clouded by shutdown-related gaps.

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Wednesday.

Phillips 66 (NYSE:PSX) shares traded higher premarket on Wednesday after the company delivered a strong third-quarter performance, surpassing Wall Street forecasts.

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 250 points on Wednesday.