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Reuters Company NewsJun 17, 2019
CANADA STOCKS-TSX treads water as energy slips on lower oil prices
Canada's main stock index opened flat on Monday as the heavyweight energy sector declined tracking lower crude prices, and investors awaited a pivotal U.S. Federal Reserve meeting that could provide clues on the path of future rate cuts.

MarketWatch MarketPulseJun 17, 2019
Stocks mixed as Fed meeting comes into view
U.S. stocks struggled for direction on Monday after the opening bell as investors hoped to glean clues from the Federal Reserve later this week on the likelihood of rate cuts this year. The S&P 500 was up less than 0.1% to 2,888. The Dow Jones Industrial Average was down 9 points to 26,081. The Nasdaq Composite rose 0.3% to 7,821. The U.S. central bank is under pressure to issue dovish language at the upcoming policy update on Wednesday, with a minority of analysts expecting a rate cut as soon as this week. Dealing a sharp blow to economic sentiment, a plunge in the Empire State manufacturing survey in June to -8.6, from a reading of 17.8 in May, underlined the concerns around slowing growth momentum in the U.S. In company news, shares of Array BioPharma Inc. surged 59% after the biopharmaceutical company agreed to be bought by Pfizer Inc.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Reuters Company NewsJun 17, 2019
US STOCKS SNAPSHOT-Wall St opens slightly higher; Fed meet eyed
U.S. stocks eked out gains at the open on Monday, as focus shifted to a pivotal Federal Reserve meeting that could lay the groundwork for an interest rate cut later this year.

Reuters BusinessJun 17, 2019
Wall St. opens slightly higher; Fed meet eyed
U.S. stocks eked out gains at the open on Monday, as focus shifted to a pivotal Federal Reserve meeting that could lay the groundwork for an interest rate cut later this year.

RELATED ARTICLES
US STOCKS-Futures subdued as Fed policy meeting looms (Reuters Company News)

USA Today MoneyJun 17, 2019
Are interest rates going down? Trade war, stock market, vulnerable economy may press Fed
The Federal Reserve is likely to open the door to a possible rate cut in July, depending on U.S.-China trade talks in coming weeks, economists say.       

RELATED ARTICLES
Asian shares wobble amid trade, geopolitical tensions; focus on Fed meeting (Reuters Business)
GLOBAL MARKETS-Asian shares wobble amid trade, geopolitical tensions; focus on Fed meeting (Reuters Company News)

Forbes HeadlinesJun 17, 2019
Fed Shuffle: Markets Seen Treading Water Ahead of Key Central Bank Meeting
Fed week begins with futures prices showing about one in five odds of a rate cut at the meeting. Historically, that would point toward low likelihood of a move, but it can't be ruled out. Also, the Fed's statement and press conference, along with its "dot plot" are likely to give more insight.

RELATED ARTICLES
Markets look for confirmation of Fed's policy easing - Axios (Google Business News)

Reuters Company NewsJun 17, 2019
CANADA STOCKS-TSX futures flat ahead of Fed rate cut decision
Futures remained flat for Canada's main stock index on Monday on global cues, as investors await the U.S. Federal Reserve's interest rate cut decision.

RELATED ARTICLES
Market Snapshot: U.S. stock futures inch up in cautious atmosphere ahead of Fed meeting (MarketWatch)
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