Big Fed rate cut leaves little changed in stock and bond markets

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The story "Big Fed rate cut leaves little changed in stock and bond markets" was covered 1 weeks ago by Financial Times, a news publisher based in United States.

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Financial Times 1w ago

Big Fed rate cut leaves little changed in stock and bond markets - Financial Times

Quick Summary:

The S&P 500 closed the day 0.3 per cent lower, in contrast to pricing in options markets earlier in the week that had predicted a more than 1 per cent swing.

Investors braced for wild market moves ahead of Wednesday’s Federal Reserve meeting.

Chaudhuri said the slight decline in stocks on Wednesday was more a reflection of investors taking profits ahead of a seasonally weak period rather than a reflection of newfound worries about the economic outlook.