Page 2 - Eric Sterner News Today

Banks, energy companies and utilities fall as earnings season ramps up

The Fed left interest rates at a 22-year high but forecast three cuts next year.

Gold held close to yesterdays new Dollar month-end record in London bullion market trading on Friday, but the giant GLD ETF saw more profit-taking as did silvers SLV investment trust

Heavy U.S. government borrowing is in focus this week, with the potential to take investors' attention away from the Federal Reserve's update on Wednesday.

MARKET WRAPS Watch For: EU Flash consumer confidence indicator; U.K. BOE interest rate decision, Public sector finances; France Business sentiment index; trading updates from JD Sports...

Wall Street is finally buckling in for a longer ride with higher borrowing costs

The major indexes finished in the red after the Federal Reserve kept interest rates unchanged, but left open the possibility of one more rate hike.

The major indexes finished in the red after the Federal Reserve kept interest rates unchanged, but left open the possibility of one more rate hike. Stocks were choppy in the lead up to this afternoon's policy announcement from the Federal Reserve. The major indexes failed to lift off after the central bank held interest rates steady, as expected, but signaled they will stay higher for longer. Today's anticipated pause by the Fed left the short-term federal funds rate at a range of 5.25...

Wall Street’s optimism has edged up in recent weeks after an August slump to levels not seen since the collapse of several regional banks earlier this year.

MARKET WRAPS Watch For: U.K. monthly unemployment figures, Treasury Committee hearing with Sarah Breeden on her appointment as BOE Deputy Gov. for financial stability;; Germany WPI, ZEW...