The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers burned by inflation warily eye price tags and businesses try to chart a course amid political turmoil in leading

Shares of ASML jumped 10.6% after the Dutch company reported better-than-expected fourth-quarter bookings of 7.088 billion euros ($7.39 billion). Its peers ASM International, BE Semiconductor and Infineon gained between 2.7% and 7.5%. Technology was the top winning sector, soaring 4.5%.

Rising global borrowing costs show that investors “are already pricing in” the economic impact of Trump’s policies.

Josh Lipsky, who runs international affairs think-tank the Atlantic Council's global CBDC tracker, says that though Trump's ban will have little impact domestically given the Federal Reserve has never shown real appetite for a "retail" digital dollar, it is still a blow.

Overnight on Wall Street is morning in Europe.Monitor your investments 24 hours a day, around the clock from around the globe. Hosted by Caroline Hepker and Roger Hearing.

European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves.

The Federal Reserve announces its decision on interest rates at 2 p.m. Fed Chair Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average,

European stocks are expected to open in mixed territory Wednesday as global market jitters over AI tech rivalry between the U.S. and China eases.

Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first

Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady

Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.