1. Fed focus: Economists and investors are gearing up for the U.S. Federal Reserve. The central bank will announce its latest interest rate decision at 2 p.m. ET, followed by a press conference at 2:30 p.m.
|
| |
| Where U.S. stocks are heading | | Dow
Futures | | Nasdaq
Futures | | S&P
Futures | | -1.00 | | 0.00 | | +0.25 | | -0.00% | | 0.00% | | +0.01% | | | |
| |
| | | Japan | | China | | U.K. | | Nikkei 225 | | Shanghai Composite | | FTSE 100 | | +11.08 | | +9.15 | | +3.73 | | 20,310.46 | | 3,366.00 | | 7,278.98 | | +0.05% | | +0.27% | | +0.05% | | | |
| |
| Key Stats | Latest | Today's Change | | | Oil | $50.48 | +0.58 / +1.16% | | | Gold | $1,318.90 | +8.30 / +0.63% | | | 10-yr | 2.24% | +0.01 / +0.63% | | | Euro | $1.20 | +0.00 / +0.07% | | | |
| |
| |
| |
| News: What you need to know about the markets | | | | | | | Fed focus; Gun stocks; Big steel deal | By Alanna Petroff
Wednesday, September 20th, 5:28am | | | | 1. Fed focus: Economists and investors are gearing up for the U.S. Federal Reserve. | | | | The central bank will announce its latest interest rate decision at 2 p.m. ET, followed by a press conference at 2:30 p.m. | | | | Wall Street expects Fed chair Janet Yellen to outline plans for the vast stock of Treasuries and other securities purchased by the central bank since the global financial crisis. | | | | 2. Deadly quake: Investors will be tracking markets in Mexico following a massive earthquake that killed over 200 people. | | | | The Mexican peso is holding steady following the 7.1-magnitude quake. | | | | 3. Market movers: Shares in Adobe Systems and Bed Bath & Beyond are set to drop at the open after the companies reported disappointing results. | | | | Talk of a merger between Sprint and T-Mobile has investors calling their brokers. Shares in the companies boomed on Tuesday following reports that they are in active talks, and the upward momentum could continue on Wednesday. | | | | SoftBank -- which has a controlling interest in Sprint -- has made no secret of its plans for the wireless carrier. SoftBank CEO Masayoshi Son, an ambitious deal-maker, said in May that the "door is open" for potential deals involving Sprint. | | | | Before the Bell newsletter: Key market news. In your inbox. Subscribe now! | | | | 4. Gun shares shoot up: Gun stocks could be on the move following a news report that said President Trump plans to ease firearm export regulations. | | | | Shares in Sturm Ruger rose by 13.7% on Tuesday. American Outdoor Brands, previously Smith & Wesson, also saw a jump of more than 10%. | | | | Reuters reported that the Trump administration is planning to shift oversight of non-military firearms sales in a way that would make it easier for U.S. gun makers to sell small arms, including assault rifles and ammunition, overseas. | | | | 5. Big steel deal: Europe is set to get a new steel giant after two of the industry's biggest players agreed to team up. | | | | Germany's Thyssenkrupp and India's Tata Steel announced plans to merge their European operations on Wednesday to create a new force in an industry that is under intense pressure from cheap Chinese exports. | | | | The companies said their planned joint venture will be Europe's second-largest steel producer with annual revenues of almost $18 billion. It will be headquartered in Amsterdam with more than 40,000 employees. Some 4,000 jobs are expected to be cut. | | | | 6. Stock market overview: U.S. stock futures are stuck in neutral after all three key indexes hit new records on Tuesday. | | | | European market moves were muted in early trading. Asian markets ended the day with mixed results. | | | | Download CNN MoneyStream for up-to-the-minute market data and news | | | | | | | |
| | | | | | Wednesday -- General Mills earnings; Federal Reserve interest rate decision and press conference
Thursday -- Manchester United earnings
Friday -- OPEC and non-OPEC oil ministers meet in Vienna | | | | | | | |
| |
Hi, let us know what you
think of this newsletter! | | | Tell us what you want to read more of... and less of.
Email your tips and feedback to BeforeTheBellFeedback@cnn.com | | |
| |
| |
| |
| | Tips, thoughts or questions are always welcome at
BeforeTheBellFeedback@cnn.com. | | | ® © 2017 Cable News Network Inc.
A Time Warner Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNNMoney's "Before The Bell" newsletter.
Our Mailing address is:
Cable News Network, Inc.
Attention: Privacy Policy Coordinator
One CNN Center, 13 North
Atlanta, GA 30303 | | | | |
No comments:
Post a Comment