The Latest Breaking News from ECB

The S&P 500 Index ($SPX ) (SPY ) today is up +0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.11%. Stock indexes today are mixed, with the S&P 500 posting a new record high...

European Central Bank cuts interest rates to stimulate economy and consumer spending, reflecting global economic concerns.

European Central Bank lowers borrowing costs for first time in almost five years, but won’t pre-commit to further cuts

The European Central Bank appears ready to start cutting interest rates before the U.S. Federal Reserve

The European Central Bank is expected to start cutting interest rates from record highs Thursday, its first reduction in nearly five years, but volatile inflation means the path ahead is uncertain.

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.04%. Stock indexes Wednesday settled higher, with the S&P 500 and Nasdaq 100 posting new...

The dollar index (DXY00 ) Wednesday rose by +0.15%. The dollar raced to its high Wednesday after the May ISM services index rose more than expected, a hawkish factor for Fed policy. The euro is being undercut by expectations for the ECB to cut interest rates on Thursday. Also, Wednesday’s...

The S&P 500 Index ($SPX ) (SPY ) today is up +0.48%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.12%. Stock indexes today are mostly higher, with the S&P 500 and Nasdaq 100 posting...

The dollar index (DXY00 ) today is up by +0.31%. The dollar raced to its high today as T-note yields rose after the May ISM services index rose more than expected, a hawkish factor for Fed policy. The euro is being undercut by expectations for the ECB to cut interest...