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Reuters

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Business

Business & Economics

Morning Bid: Megacaps mixed as Fed pauses; ECB cut and GDP up next

Summary

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79% Informative

U.S. fourth-quarter gross domestic product readouts later on Thursday .

European Central Bank widely expected to lop another 25 basis points off its key rate.

German and French GDP numbers for Q4 have given the ECB every reason to keep easing policy.

Ten-year Treasury yields fell back close to the year 's lows around 4.5% .

Trump 's commerce secretary nominee Howard Lutnick said that Canada and Mexico can avoid 25% U.S. import tariffs.

European Central Bank policy decision, with press conference from ECB President Christine Lagarde .

US corporate earnings: Apple , Intel , Visa , Mastercard , UPS , Blackstone , Dow , Caterpillar , Comcast , PPG , Northrop Grumman, Quest Diagnostics , Thermo Fisher Scientific .