FOMC Lowers Target Rate Range 25bps to 400-425bps

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S&P 500 buybacks drop 20% to $235 billion in Q2 2025

September 17, 2025 9:05 AM UTC

S&P 500 companies reduced share buybacks by 20.1% to $234.6 billion in the second quarter of 2025, down from a record $293.5 billion in the first quarter, according to preliminary data from S&P Dow Jones Indices.

The quarterly buyback figure was nearly flat compared to the second quarter of 2024, declining just 0.6% from $235.9 billion. For the 12-month period ending in June 2025, buybacks totaled $997.8 billion, up 13.7% from $877.5 billion in the prior 12-month... More

US single-family housing starts near 2-1/2-year lows as inventory bloat weighs

September 17, 2025 8:44 AM UTC

By Lucia Mutikani

WASHINGTON (Reuters) - U.S. single-family homebuilding plunged to a near 2-1/2-year low in August amid a glut of unsold new houses, suggesting the housing market could remain an economic headwind this quarter.  

The report from the Commerce Department on Wednesday also showed permits for future single-family home construction dropped last month to the lowest level in more than two years. Some economists said the decline was necessary to manage new housing inventory, currently near levels last seen in late 2007.

"Builders have been plagued with excessive new home inventories for going on... More

MBA Mortgage Applications 29.7% vs 9.2% Prior

September 17, 2025 7:00 AM UTC

MBA Mortgage Applications 29.7% vs 9.2% Prior

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Wall Street ends mixed, trade choppy after Fed's rate cut, outlook

September 17, 2025 5:56 AM UTC

By Abigail Summerville and Purvi Agarwal

(Reuters) - The Nasdaq and the S&P 500 closed lower in choppy trading on Wednesday, after the U.S. Federal Reserve cut interest rates by an expected 25 basis points and Fed Chair Jerome Powell cited the weak job market.

The Dow closed higher after meandering during Powell's speech.

The central bank indicated it will steadily cut rates for the rest of the year as policymakers signaled concerns about weakness in the labor market. The Fed projected two more quarter-percentage-point cuts this year.

In a press conference, Powell talked about... More

Global S&P Futures mixed in premarket

September 17, 2025 4:52 AM UTC

Global S&P Futures mixed in premarket, Nikkei mixed, DAX mixed, WTI Crude oil recently at $64, natural gas mixed, gold at $3699

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India's Modi: like Presidnet Trump, I am also fully committed to taking the India-U.S. comprehensive and global partnership to new heights

September 16, 2025 1:26 PM UTC

(Updated - September 16, 2025 1:30 PM EDT)

India's Prime Minister Narendra Modi: like Presidnet Trump, I am also fully committed to taking the India-U.S. comprehensive and global partnership to new heights

Modi: we support President Trump's initiatives towards a peaceful resolution of the Ukraine conflict.

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Trump admin approves first Ukraine arms package paid for by allies - Reuters

September 16, 2025 12:50 PM UTC

(Updated - September 16, 2025 12:50 PM EDT)

The Trump administration has approved the first Ukraine arms package that will be paid for by European allies, according to Reuters report on Tuesday.

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