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Yen surges on new intervention talk, US stocks rally
AFP22d agobullish
Yen surges on new intervention talk, US stocks rally

The yen rallied against the dollar Thursday on fresh talk of intervention by Japan to boost its currency, while Wall Street stocks jumped on hopes the US central bank will leave interest rates unchanged.The yen jumped more two percent against the dollar in European trading hours amid renewed speculation of another intervention to prop up the sagging currency, which increases import costs for Japan.

Stocks Jump on Fed Optimism, But Jobs Report Could Undo It All
Barrons.com22d agobullish
Stocks Jump on Fed Optimism, But Jobs Report Could Undo It All

Dovish signals from one Federal Reserve official sent stocks surging just ahead of the August jobs report. The Nasdaq Composite rose 1.4%. The catalyst behind the move higher was Fed governor Christopher Waller saying he's open to holding rates steady, shifting the odds of a September hike lower.

Why Is Meta Stock Up Today?
Motley Fool22d agoneutral
Why Is Meta Stock Up Today?

Meta's new AI model is the reason its shares are rising. The bigger question is whether its costly AI push can produce products people actually want.

Why Is Bitcoin Up Today?
Motley Fool22d agoneutral
Why Is Bitcoin Up Today?

A Federal Reserve governor signaled that interest rates may stay where they are, helping Bitcoin recover from its slide earlier in the week.

Dow Adds 650 Points in Midday Rally
Barrons.com22d agobullish
Dow Adds 650 Points in Midday Rally

Stocks climbed as Wall Street let out a sigh of relief that bond yields ticked lower and the odds of a Federal Reserve rate hike fell. The S&P 500 gained 1%, and the Nasdaq Composite rose 1.4%. The Dow Jones Industrial Average added 1.

What’s Moving Markets Today?
The Wall Street Journal22d agoneutral
What’s Moving Markets Today?

The Dow Jones Industrial Average, S&P 500 and Nasdaq saw gains in morning trading as the odds of a Fed rate hike plunged, geopolitical unrest continued and Nvidia kept acquiring. Here is what is driving the markets today: The Fed’s will-they-won’t-they rate hike: The odds of a Fed rate hike this month are now a coin flip, according to CME FedWatch.