Shares of Financial Companies Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.

Benzinga15:35 ET

Express News | Shares of Financial Companies Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points

Benzinga15:35 ET

Market Might Still Lack Some Conviction On Qifu Technology, Inc. (NASDAQ:QFIN) Even After 29% Share Price Boost

Simply Wall StDec 18 05:12 ET

Before the Federal Reserve's decision, the rally of U.S. stocks faltered, the Nasdaq said goodbye to record highs, the Dow fell for nine consecutive days, Broadcom dropped over 4%, Chinese concept stocks rebounded against the trend, and Bitcoin reached a

The Dow Jones has seen its first nine consecutive declines since 1978; NVIDIA has seen four consecutive declines, while Tesla has risen over 3% against the trend, hitting new highs for three consecutive days. Chinese concept stocks rebounded nearly 2%, with PDD Holdings rising nearly 3% and Bilibili increasing over 4%. Salaries in the United Kingdom have grown faster than expected, with two-year UK bond yields rising 10 basis points in one day. The USD has rebounded; the Canadian dollar has hit a more than four-year low since the pandemic; Bitcoin surged over $0.108 million during trading, hitting a new historical high for two consecutive days. Crude Oil Product has fallen for two consecutive days, with US oil dropping more than 2% at one point; Gold has hit a new low for the week.

wallstreetcnDec 17 18:21 ET

3 Business Services Stocks That More Than Doubled This Year

Zacks Dec 16 14:25 ET

Fintechs, Argentine Banks Advance, Crypto Firms Retreat: Week's Financial Roundup

Seeking AlphaDec 14 10:10 ET