Asia-Pacific markets climb across the board after third Fed cut of the year

Australia started the day higher, while Japan and Hong Kong futures also show a strong open.
Stock futures are little changed after Dow rallies on Fed rate cut: Live updates

Major U.S. indexes closed higher Wednesday after a divided Fed announced an interest rate cut for the third time this year and ruled out a rate hike.
Coca-Cola taps COO Henrique Braun to replace James Quincey as CEO in 2026

Quincey has led Coca-Cola since 2017, seeing the company through the Covid pandemic and a focus on healthier beverages.
Cisco’s stock closes at record for first time since dot-com peak in 2000

Cisco was at the center of the internet boom, but has a much different role in today’s artificial intelligence craze.
Here are the five big takeaways from Wednesday’s Fed rate decision

The Fed approved a much-anticipated quarter percentage point interest rate cut at a meeting that was packed with intrigue and surprises.
Why the stock market rallied so much on the Fed. Time to bet on a year-end melt up?

More dovish messaging from the central bank has investors confident in lower rates from here.
What DoubleLine’s Jeffrey Gundlach is betting on after the Fed decision

The widely followed investor said he recently shifted positive on broad commodities, pointing to a steady, largely overlooked rally in the asset class.
Trump says Fed could have ‘at least doubled’ latest interest rate cut

Trump spoke during a meeting at the White House with business leaders including Dell CEO Michael Dell and the heads of Qualcomm and HP.
Strategy slams MSCI proposal to exclude digital asset treasuries from indexes: CNBC Crypto World

On today’s episode of CNBC Crypto World, digital currency investors react to the Fed’s decision to cut rates. Plus, Strategy pushes back on a proposal from MSCI to exclude digital asset treasury companies from its global indexes. And, Marco Santori of Solmate discusses the company’s deal with RockawayX as well as Abu Dhabi’s position as […]
What Wall Street analysts expect from Oracle earnings due after Wednesday’s close

JPMorgan, which only has a neutral rating on Oracle, believes it could provide a diversified list of reputable customers that could ease pressure on the stock.