News Highlights: Top Global Markets News of the Day - Thursday at 11 PM ET

Dow, S&P 500 Hit Records After Rate Cut 
 

Industrials push above 42000 in delayed response to Fed lowering rates; tech shares and risky assets rise.

 
Japan Consumer Inflation Picked Up in August 
 

Japan's consumer inflation grew at a faster pace in August and stayed well above the Bank of Japan's 2% target amid expectations for an additional rate increase in the near term.

 
China Keeps Benchmark Lending Rates Unchanged 
 

China kept its benchmark lending rates unchanged on Friday, despite growing expectations for a cut after the U.S. Federal Reserve's larger-than-expected interest rate reduction earlier this week.

 
House Republicans Defy Trump's Call for Brinkmanship on Shutdown 
 

Party leaders are discussing a three-month deal that is expected to be amenable to Democrats.

 
Americans Are Desperate for Relief. The Rate Cut Is a Glimmer of Hope. 
 

The Fed's cut won't be immediately felt by everyone, but for some it is the start of a big change.

 
Berkshire Hathaway Sells More Bank of America Stock. Here's How Much It Has Left. 
 

Warren Buffett's conglomerate unloaded another $900 million worth of shares.

 
Why Fed Rate Cuts Are Hurting Treasury Bonds 
 

With a recession unlikely, at least for now, the floor is likely in.

 
U.S. Officials Concede Gaza Cease-Fire Out of Reach for Biden 
 

The Biden administration is still pushing talks, but a breakthrough appears unlikely.

 
The Fed Aims to Repeat Greenspan's 1990s Masterpiece 
 

The 1995 cuts helped lay the groundwork for a soft landing and the late '90s boom years.

 
Leading index for U.S. economy falls for sixth straight month, signaling slower growth ahead 
 

The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is the sixth straight monthly decline.

(END) Dow Jones Newswires

September 19, 2024 23:15 ET (03:15 GMT)

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