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

Stocks Poised for Lower Open 
 

Investors await a key inflation report later this week as they close out the last full week of September.

 
China's Central Bank Announces Rate Cut, Injects Liquidity 
 

China's central bank lowered a short-term policy rate and pumped more liquidity into the financial system, as it continues efforts to help boost the economy.

 
The Rate Cut Happened. Not All Borrowing Costs Are Going Down. 
 

The yield on 10-year Treasury notes is a reminder that the Fed doesn't have complete control over borrowing costs.

 
Israel and Hezbollah Slide Toward Full-Scale War in Night of Intense Strikes 
 

The militant group said it targeted an air base and a developer of Israel's Iron Dome system, while dozens of Israeli warplanes struck southern Lebanon.

 
The Fed Is Flying Blind. Investors Don't Seem to Care. 
 

Markets embraced the central bank's spirit of dovishness following the big rate cut this past week.

 
Investors cheer a soft landing scenario after Fed's big rate cut. But they're still keeping their guard up for a downturn. 
 

The Federal Reserve finally gave stock-market investors what they wanted this week by cutting interest rates for the first time since March 2020, making a soft landing for the economy more likely now inflation has fallen.

 
The Satellite Economy Has a Sweet Spot. Markets Hate It. 
 

"Medium Earth orbit" is a promising niche in space, but investors are wary of Elon Musk's Starlink and the decline of linear TV.

 
Sorry, the Fed Can't Save Us From a Bear Market 
 

If stocks already were due for a tumble and the economy for a recession, the Fed's rate cut probably didn't avert it.

 
China's Economy Is Sputtering. More Pain May Be Ahead in 2025. 
 

A recession, deflation, and U.S.-style bank bailouts are among the worries about China's economic woes.

 
China's Homeowners Are Outraged. The Property Market Is Still a Mess. 
 

Apartment prices in China are expected to drop at least another 30% in major cities before stabilizing, one analyst says.

(END) Dow Jones Newswires

September 22, 2024 23:15 ET (03:15 GMT)

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