The Latest Breaking News from US Federal Reserve

For U.S. investors heading into Friday, the message is mixed. On one hand, robust data supports earnings durability for cyclical and industrial sectors. On the other, it raises the risk that the Fed will keep rates higher for longer.

December S&P 500 E-Mini futures (ESZ25) are up +0.16%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.20% this morning, pointing to a higher open on Wall Street as Treasury yields fell amid growing expectations for a Federal Reserve rate cut in December.

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story, and it has been corrected to reflect that AppLovin beat revenue estimates, not missed them)

Billionaire investor Ray Dalio has issued a stark warning that the Federal Reserve’s signaled shift in monetary policy could ignite a “1999-style ‘melt-up'” in financial assets.

Shares have bounced back in Asia after Wall Street got a boost from upbeat economic updates and a steady flow of quarterly reports from U.S. companies

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.48%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.72%. December E-mini S&P futures (ESZ25 ) rose +0.36%, and December E-mini Nasdaq futures...

The dollar index (DXY00 ) on Wednesday fell from a 5.25-month high and finished down by -0.05%. The dollar gave up its advance on Wednesday and posted modest losses after stocks recovered following Tuesday's rout, which dampened liquidity demand for the dollar. Also, the dollar is still under pressure from...

Wall Street bounced back Wednesday after Tuesday's sharp selloff in AI-driven stocks, as investors bought the dip amid solid corporate earnings and growing signs that the Federal Reserve may be nearing another interest rate cut.

If price pressures have taken a back seat in market conversations lately and much of the tariff anxiety seemed overblown, fresh signs suggest this inflation honeymoon may be ending sooner than expected.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. December E-mini S&P futures (ESZ25 ) are up +0.39%, and December E-mini Nasdaq futures...

The dollar index (DXY00 ) today climbed to a 5.25-month high and is up by +0.08%. The dollar is pushing higher today after the US Oct ADP employment change rose more than expected, a hawkish factor for Fed policy. The dollar added to its gains today when the Oct ISM...