News Highlights: Top Global Markets News of the Day - Thursday at 9 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.
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.
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.
Home Sales Slipped in August Despite Falling Mortgage Rates
Sales of previously owned homes fell 2.5% from the prior month, as a recent drop in mortgage rates failed to offset home prices that remain near record highs.
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.
Bank of England Holds Off on Rate Cut After Fed Goes Big
The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
South Africa Is First Country to Lower Rates After Fed Cut
SARB reduced its benchmark rate by a quarter percentage point to 8%.
Jobless claims fall to lowest level since May
The number of Americans who applied for unemployment benefits last week fell to the lowest level since mid-May.
Philadelphia Fed's factory gauge moves back into growth territory in September
The Philadelphia Federal Reserve Bank said Thursday its gauge of regional business activity rose to 1.7 in September from negative 7 in the prior month.
(END) Dow Jones Newswires
September 19, 2024 21:15 ET (01:15 GMT)
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