Stocks hit fresh record highs, dollar falls ahead of Fed move
Yahoo Financeยท2025-09-15 00:29
By Chibuike Oguh and Amanda Cooper NEW YORK/LONDON (Reuters) - Global shares hit a fresh record high on Monday as markets positioned for the U.S. Federal Reserve to begin its monetary policy easing cycle this week. Gold prices hit a record high as the U.S. dollar weakened. Traders widely expect the Fed to deliver a 25 basis-point cut at the end of its policy meeting on Wednesday, with the probability of such a move near 100%, according to CME's FedWatch tool. MSCI's All-Country Index rose as high as 977 ...