Key Points
NEW YORK (Reuters) -U.S. stocks were lifted by semiconductor shares on Wednesday, and the benchmark Treasury yield continued to climb to a more than one-month high amid cooling optimism over imminent interest rate cuts from the Federal Reserve...
At last glance, financial markets have priced in a 51.9% probability that the central bank will cut the fed funds target rate by 25 basis points in March, down from 76.9% a week ago, according to CMEs FedWatch tool...
The Dow Jones Industrial Average rose 116.06 points, or 0.31%, to 37,584.67, the S&P 500 gained 16.72 points, or 0.35%, to 4,797.66 and the Nasdaq Composite added 76.09 points, or 0.51%, to 15,131.73...
European shares reversed earlier gains as dimming rate cut expectations put the benchmark STOXX 600 index on track for a weekly decline...
Gold prices inched higher but appeared set for its biggest weekly decline in six, as policy makers tempered early rate cut expectations...
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