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Wall Street Traders Brace for Fed's Hawkish Hold: Markets Wrap

(Bloomberg) — Wall Street traders refrained from making big bets ahead of the Federal Reserve decision, with officials poised to signal their rate-cut plan remains on hold. Equities fluctuated after data showed US factory activity contracted while input prices rose at the fastest pace since 2022. Separately, job openings figures signaled more softening in… ....

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With Fed on Hold, Companies' Buybacks Offer Equity Markets a Tailwind

With Fed on Hold, Companies' Buybacks Offer Equity Markets a Tailwind
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Treasuries Climb as Powell Downplays Fed Hikes: Markets Wrap

(Bloomberg) — Bonds climbed after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a rate hike. Treasuries also gained as the Fed agreed to slow the reduction in its bond portfolio. US two-year yields dropped below 5% as swap… ....

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Stocks Fall as Traders Bet on a Fed Hawkish Hold: Markets Wrap

(Bloomberg) — Stocks extended this week’s losses after weaker-than-estimated economic data, with traders expecting the Federal Reserve to signal their rate-cut plan remains on hold. Equities edged lower after data showed US factory activity contracted while input prices rose at the fastest pace since 2022. Separately, job openings figures signaled more softening in the… ....

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