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Holtec Nuclear suspends planned US IPO

Holtec Nuclear suspends planned US IPO

Sept 16 (Reuters) - Holtec Nuclear has suspended its planned U.S. initial public offering due to market conditions, the nuclear technology company said on Wednesday. The Camden, New Jersey-based company said it would continue to evaluate the timing of the offering, but did not give a specific date.

Holtec Nuclear suspends planned US IPO, Bloomberg News reports

Holtec Nuclear suspends planned US IPO, Bloomberg News reports

Sept 16 (Reuters) - Holtec Nuclear has suspended its planned U.S. initial public offering, Bloomberg News reported on Wednesday, citing people familiar with the matter. The IPO was put on hold because of market conditions, the report said, citing one of the people.

European shares rise as oil pauses ahead of Fed rate decision

European shares rise as oil pauses ahead of Fed rate decision

By Sudeshna Ghoshal and Ragini Mathur Sept 16 (Reuters) - European shares edged up from the previous session's three-month low on Wednesday as a pause in the oil price rally lifted risk appetite ahead of the Federal Reserve's policy decision, with the U.S. central bank widely expected to deliver its

Nasdaq, S&P 500 climb ahead of keenly awaited Fed decision

Nasdaq, S&P 500 climb ahead of keenly awaited Fed decision

By Niket Nishant and Tharuniyaa Lakshmi Sept 16 (Reuters) - The Nasdaq Composite and the S&P 500 edged higher following a two-day slide, as lower oil prices offered some relief during a tense wait for the Federal Reserve's interest rate decision on Wednesday.

Wells Fargo trims S&P 500 index's year-end target to 7,700

Wells Fargo trims S&P 500 index's year-end target to 7,700

Sept 15 (Reuters) - Wells Fargo lowered its year-end target for the S&P 500 index to 7,700 from 7,950, as limited catalysts for further gains, and rising political and sector-specific risks cloud the market outlook.

Nasdaq, S&P 500 climb as oil retreat tempers pre-Fed jitters

Nasdaq, S&P 500 climb as oil retreat tempers pre-Fed jitters

By Tharuniyaa Lakshmi Sept 16 (Reuters) - The Nasdaq Composite and the S&P 500 rose following a two-day slide, helped by a retreat in oil prices as investors held their breath for the Federal Reserve's interest rate decision on Wednesday.

FTSE 100 gains after Fed hike; BoE up next

FTSE 100 gains after Fed hike; BoE up next

Sept 17 (Reuters) - The UK's FTSE 100 advanced on Thursday as the U.S. Federal Reserve delivered a widely expected interest-rate hike, with market attention turning to the Bank of England's rate decision due later in the day.

Stocks wobble but no sign of panic as yields surge

Stocks wobble but no sign of panic as yields surge

By Purvi Agarwal, Sruthi Shankar and Medha Singh Sept 15 (Reuters) - Add the summer bond-market rout to the list of market upheavals that U.S. stocks have largely shrugged off. Despite a sharp rise in U.S.

Wall St set to open lower as rising oil and yields deepen market gloom

Wall St set to open lower as rising oil and yields deepen market gloom

By Niket Nishant and Tharuniyaa Lakshmi Sept 15 (Reuters) - Major U.S. stock indexes were set to open lower on Tuesday as higher crude prices, elevated Treasury yields and an uncertain outlook for AI demand kept investors at bay.

Goldman Sachs sees October Fed hike after hawkish signal

Goldman Sachs sees October Fed hike after hawkish signal

SYDNEY, Sept 17 (Reuters) - Goldman Sachs now expects the Federal Reserve to raise interest rates by another quarter point in October, making it one of the first major Wall Street banks to forecast consecutive rate hikes following the U.S. central bank's hawkish signal on Wednesday.

Major US banks raise prime rate after first Fed rate hike since 2023

Major US banks raise prime rate after first Fed rate hike since 2023

Sept 16 (Reuters) - Top U.S. banks raised their prime lending rate on Wednesday after the Federal Reserve lifted its benchmark interest rate, a move that would increase borrowing costs for consumers and businesses with loans.

Kioxia considers raising $10 billion in US listing, Bloomberg News reports

Kioxia considers raising $10 billion in US listing, Bloomberg News reports

Sept 14 (Reuters) - Japanese chipmaker Kioxia Holdings is considering raising at least $10 billion by listing American depositary receipts, or ADRs, Bloomberg News reported on Monday, citing people familiar with the matter.