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Asian shares are mostly lower after U.S. stocks pulled away from their record heights BANGKOK -- Asian shares mostly fell Tuesday after U.S. stocks pulled away from their record heights, while U.S. futures edged higher.
As widely expected, the Federal Open Market Committee reduced its benchmark interest rate by 25 basis points on Wednesday, its third straight cut.
Wall Street's "fear gauge" was rising on Wednesday ahead of the Federal Reserve's final rate decision of the year. The Cboe Volatility Index, or "VIX," was up 2.6% to 17.34, according to FactSet. The index is a gauge of expected volatility in the the stock market over a 30-day time horizon.
The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.
Bank strategists are weighing in on where they see the S&P 500 landing by the end of 2026.
Oracle stock fell more than 10% after the bell Wednesday as its quarterly revenue fell below Wall Street's expectations. Oracle reported revenue of $16.06 billion for its fiscal s
Wall Street was holding steady ahead of the government’s latest data release on the labor market, a day after a private survey showed that the U.S. economy lost jobs last month
Most stocks were falling on Wall Street, but Warner Bros. Discovery jumped to one of the market’s biggest gains.
VICI Properties (VICI) faces near-term headwinds from gaming industry softness, resulting in recent underperformance and heightened investor scrutiny. Despite sector concerns, VICI raised the low end of 2025 guidance and its dividend, reinforcing confidence in its near-term outlook and payout sustainability.