Equity News Results

  • U.S. Stocks Fall as Investors Digest Fed Rate Cut

    U.S. stocks wobbled, then pared declines Wednesday after the Federal Reserve lowered interest rates but signaled a divided outlook for the rest of the year. Trading was volatile in the hour after the Fed's rate decision. Stock selling initially accelerated, sending the Dow Jones Industrial Average down more than 200 points, after the Fed's policy statement showed officials weren't in agreement about the prospect of further rate cuts in 2019. That may have come as a...

  • GLOBAL MARKETS-Stocks fall, Treasury yield curve flattens after Fed cuts rates but sends mixed signals

    * Gold slips, dollar gains ground. * Oil prices cool after Saudi production pledge. By Stephen Culp. U.S. stocks extended their losses and the U.S. Treasury yield curve flattened on Wednesday, after the U.S. Federal Reserve cut interest rates, as expected, but gave mixed signals regarding future rate moves.

  • US STOCKS-Fed's mixed signals on next move send Wall Street lower

    * Indexes: Dow -0.52%, S&P 500 -0.62%, Nasdaq -0.91% By Noel Randewich. Wall Street sank on Wednesday as Federal Reserve policymakers gave mixed signals about their next move after cutting interest rates by a quarter of a percentage point in a widely expected move.

  • GLOBAL MARKETS-Stocks fall after Fed cuts rates but gives mixed signals; dollar up

    * U.S. Treasury yields rise; gold slips. * Oil prices cool after Saudi pledge on production. By Saqib Iqbal Ahmed. Wall Street stocks slipped on Wednesday after the U.S. Federal Reserve gave mixed signals about what may happen next after it cut interest rates by a quarter of a percentage point for the second time this year in a widely expected move.

  • U.S. Stocks Fall as Investors Digest Fed Rate Cut

    U.S. stocks extended declines Wednesday after the Federal Reserve lowered interest rates but signaled a divided outlook for the rest of the year. The Dow Jones Industrial Average dropped 169 points, or 0.6%, to 26941, with the selling accelerating after the Fed's decision. The S&P 500 dropped 0.7% and the Nasdaq Composite shed 1%.

  • US STOCKS-Wall Street sinks after Fed gives mixed signals on next move

    * Indexes: Dow -0.63%, S&P 500 -0.72%, Nasdaq -1.02% By Noel Randewich. Wall Street sank on Wednesday when Federal Reserve policy makers gave mixed signals about their next move after cutting interest rates by a quarter of a percentage point in a widely expected move.

  • U.S. Stocks Fall As Investors Digest Fed Rate Cut

    U.S. stocks added to losses Wednesday as investors digested an expected interest-rate cut by the Federal Reserve. Moves in the stock market have been relatively muted this week, even as worries about disrupted oil production and the overnight funding markets have dominated conversations among money managers. Later Wednesday, investors' attention will turn to the Fed, which is set to wrap up its two-day policy meeting and deliver its latest interest-rate decision.

  • U.S. Stocks Slip Ahead of Fed Decision

    U.S. stocks drifted lower Wednesday ahead of an expected interest-rate cut by the Federal Reserve. Moves in the stock market have been relatively muted this week, even as worries about disrupted oil production and the overnight funding markets have dominated conversations among money managers. Later Wednesday, investors' attention will turn to the Fed, which is set to wrap up its two-day policy meeting and deliver its latest interest-rate decision.

  • GLOBAL MARKETS-Stocks edge lower with Fed decision on tap; oil slips

    * Oil price stabilises as Saudi Arabia restores supply. * Treasury yields slip; dollar rises vs yen. * Wall St edges lower as FedEx (FDX) profit warning hurts. By Saqib Iqbal Ahmed. Stocks around the world edged lower on Wednesday and the U.S. dollar crept up as investors waited for the U.S. Federal Reserve's decision on interest rates later in the day.

  • Passively-managed funds have more money than active ones for the first time

    U.S.-focused index equity funds make up nearly 14% of the American stock market, up from roughly 7% in 2010. Money managers that mimic the stock market just became the new titans of the fund-management world. Funds that track broad U.S. equity indexes hit $4.27 trillion in assets as of Aug. 31, according to research firm Morningstar Inc., giving them more money than stock-picking rivals for the first-ever monthly reporting period.

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