The Latest Breaking News on Markets

Many Asian stock exchanges deepened their losses on Thursday as currencies tanked after the US Federal Reserve delivered a third consecutive 75-basis-point interest rate cut overnight and signalled more to come through next year, sparking fears of recession.

U.S. stocks pared some losses, with the Dow Jones turning higher toward the end of trading on Thursday.

Pre-open movers

Asian stock markets have followed Wall Street lower after the Federal Reserve delivered another big interest rate hike and raised its outlook for more to cool galloping inflation

U.S. stocks traded slightly higher toward the end of trading session on Wednesday following the announcement of interest rate decision by the Fed.

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

U.S. stocks traded higher this morning, with the Dow Jones gaining around 175 points on Wednesday. The Federal Reserve will announce its policy decision at 2:00 p.m. ET. The country’s central bank is widely expected to raise interest rates by 75 bps at the meeting. Fed Chairman Jerome Powell will…

U.S. index futures point to a modestly higher open on Wednesday, as traders position themselves for the Fed rate decision due in the afternoon. The major averages declined Tuesday but closed off the lows of the session amid Fed jitters. The selling was across the board, with real estate, materials, consumer discretionary,…

Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade on Wednesday after recording losses on Tuesday. The Dow Jones closed lower by more than 300 points, while the Nasdaq Composite fell over 100 points in the previous session.