The Latest Breaking News from Michelle Bowman

The FTSE 100 index closed down 16.61 points, 0.2%, at 8,758.04.

US President Donald Trump on Monday picked Michelle Bowman to be the Federal Reserve's next vice chair for supervision, tapping someone seen as favoring a lighter touch to banking regulation.

Federal Reserve cuts interest rates by a quarter point, with one official dissenting.

Prior to September, the Fed had not cut rates since March 2020.

Federal Reserve officials address weakening labor market with significant interest rate cut to support job creation and tackle skills gap.

Despite a mostly civil debate between Sen. JD Vance and Minnesota Gov. Tim Walz, the two disagreed repeatedly on policy and on the facts.

December S&P 500 E-Mini futures (ESZ24) are trending down -0.02% this morning, taking a breather after the benchmark index finished with its 41st record close this year, while investors looked ahead to remarks from a Federal Reserve official as well as an earnings report from semiconductor giant Micron.

December S&P 500 E-Mini futures (ESZ24) are trending down -0.09% this morning as investors weighed the sustainability of China’s rally and looked ahead to remarks from a Federal Reserve official as well as an earnings report from semiconductor giant Micron.

December S&P 500 E-Mini futures (ESZ24) are up +0.19%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.25% this morning as market participants looked ahead to speeches from Federal Reserve officials, earnings reports from several notable companies, and the release of the Fed’s favorite inflation gauge later in the…