Resume af teksten:
Federal Reserve har sænket renten for tredje gang i træk til 3,5-3,75%, men signalerer pause grundet interne uenigheder. Beslutningen er fokuseret på at beskytte arbejdsmarkedet mod uventet opbremsning. Rentensænkning blev vedtaget med 9-3 stemmer, hvilket viser sjælden uenighed blandt embedsmænd. Europæiske aktiemarkeder havde blandet udvikling forud for rentemeddelelsen, mens amerikanske aktier steg efter nyheden. Dow, S&P 500 og Nasdaq oplevede stigninger. Asiatiske markeder viser blandede resultater torsdag. I obligationsmarkedet i USA faldt tiårige obligationers afkast lidt efter nylige fald. Bank of America justerede anbefalinger for HSBC, Thyssenkrupp og TUI.
Fra Swissquote:
Federal Reserve officials cut interest rates for a third straight meeting but signaled they might be done for now in the midst of unusual divisions over the path forward. The decision Wednesday to reduce the benchmark federal funding rate by a quarter point – to between 3.5% and 3.75%, a three-year low – is aimed at protecting against a sharper than anticipated slowdown in hiring. The Fed voted 9-3, the first time in six years that three officials cast dissent. Two officials thought the reduction wasn’t warranted, while another favored a larger, half-point cut. With progress on inflation stalled, officials had indicated in the run-up to this week’s decision that further reductions could require evidence of labor-market deterioration. “We’re well-positioned to wait and see how the economy evolves from here,” said Fed Chair Jerome Powell at a news conference. The Fed no longer described the unemployment rate, which ticked up to 4.4% in September from 4.1% earlier this year, as having “remained low” in its statement.
After a weak start and a subsequent to lower levels, the Swiss market recovered most of the lost ground on Wednesday thanks to selective buying at a few frontline counters. The benchmark SMI, which dropped to 12,821.03, ended the day’s session at 12,921.48, down just 9.68 points or 0.07%. Holcim ended down by about 2.2%. Swiss Life Holding and Novartis settled lower by 1.43% and 1.31%, respectively. Logitech International, Zurich Insurance Group, Lonza Group, Lindt & Spruengli and Swatch Group lost 0.5 to 0.9%. Amrize and Roche Holding gained 2.16% and 2.1%, respectively. Galderma Group climbed 1.39% and Kuehne + Nagel ended up by 1.2%. SGS moved up nearly 1%. VAT Group and Straumann Hoding posted modest gains.
Europe
European stocks turned in a mixed performance on Wednesday as investors largely stayed cautious ahead of the Federal Reserve’s interest rate decision due later in the day. The pan European Stoxx 600 edged up 0.07%. The U.K.’s FTSE 100 ended up by 0.14%, while Germany’s DAX and France’s CAC 40 closed lower by 0.13% and 0.37%, respectively. Among other markets in Europe, Belgium, Iceland, Netherlands, Norway, Portugal and Turkiye closed weak. Czech Republic, Denmark, Finland, Poland and Russia ended higher, while Greece, Ireland, Spain and Sweden settled flat. The Magnum Ice Cream Company, the top gainer in UK’s FTSE 100 index, climbed nearly 4%. Scottish Mortgage, Berkeley Group Holdings, HSBC Holdings, British American Tobacco, Standard Chartered, Rentokil Initial and Pearson gained 2 to 3.7%. Berkeley Group Holdings shares climbed higher after the homebuilder mainained its full-year pre-tax profit guidance for fiscal 2026 despite posting weaker interim revenues and profits. Anglo American Plc gained after its shareholders voted overwhelmingly in favor of a merger of equals with Canadian miner Teck Resources Limited. Halma, SSE, Land Securities, United Utilities, Legal & General, BT Group, ICG, Informa, Melrose Industries, Severn Trent and Segro closed notably lower. In the German market, Siemens Energy climbed more than 4% Fresenius surged 2.1%. Fresenius Medical Care, Beiersdorf, Hannover Rueck, Adidas and Munich gained 1 to 2%. Rheinmetall, Infineon, Deutsche Boerse, BMW, Siemens Healthineers, Heidelberg Materials, Merck and Siemens closed lower by 1 to 3%. In the French market, ArcelorMittal, Eurofins Scientific, Edenred, Carrefour, Societe General, Stellantis and Eurofins Scientific closed up 0.6 to 1.6%.
United States
After showing a lack of direction for much of the session, stocks moved mostly higher in the latter part of the trading day on Wednesday following the Federal Reserve’s interest rate decision. The major averages all moved to the upside on the day after ending Tuesday’s choppy trading session narrowly mixed. The Dow jumped 497.46 points or 1.1 percent to 48,057.75, the S&P 500 climbed 46.17 points or 0.7 percent to 6,886.68 and the Nasdaq rose 77.67 points or 0.3 percent to 23,654.16. The late-day strength on Wall Street came after the Fed announced its widely expected decision to cut interest rates by another quarter point, matching the rate cuts seen in September and October. Stocks showed a substantial move to the upside following the Fed announcement, driving the Philadelphia Housing Sector Index up by 3.1 percent. Significant strength also emerged among transportation stocks, as reflected by the 2.7 percent surge by the Dow Jones Transportation Average. Banking, computer hardware and pharmaceutical stocks also saw considerable strength, while software stocks showed a notable move to the downside.
Asia
Asian stock markets are mostly down on Thursday morning.
Bonds
In the U.S. bond market, treasuries are regaining ground after trending lower over the past several sessions. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 2.0 basis points at 4.166 percent.
Analysis
Bank of America raises HSBC to Buy (Neutral) – Target GBP 13 (11.60)
Bank of America raises Thysenkrupp target to EUR 14 (13) – Buy
Bank of America lowers Tui target to EUR 12.10 (12.20) – Buy
Produced by MBI Martin Brückner Infosource GmbH & Co. KG on behalf of Swissquote. All news is acquired with journalistic accuracy. No liability is assumed for delays or errors.
Hurtige nyheder er stadig i beta-fasen, og fejl kan derfor forekomme.