Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.
Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
Stock Market Today: Stocks extend slide as Powell seeks rate cut patience
Stocks finished lower on Thursday, with another afternoon selloff tied to a jump in Treasury bond yields, this time linked to hawkish comments from Fed Chair Jerome Powell. Speaki
Stocks Slide as Fed Rate-Cut Bets Pared Back: Markets Wrap
European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
The yield has risen 73.6 basis points over the past seven weeks, according to Dow Jones Market Data. On Friday, traders were considering whether the U.S. is moving into a period of higher-for-even-longer interest rates, fueled by continued economic strength and potential inflationary pressures.
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Stock Market Today: Wall Street Rises Following Last Week's Slide
BANGKOK (AP) — Shares started out the week mixed in Asia after U.S. stocks fell to their worst loss since Election Day.
The Stock Market Has Only Seen This 5 Times in 30 Years. It May Signal a Big Move in 2025.
History says the S&P 500 could advance 8% through September 2025, and the growth-focused Nasdaq Composite could advance 19%.
What Trump Trade? The Stock Market Is Back to Pre-Election Levels
With dwindling momentum in equities, traders adjust expectations for December interest rates amid the latest inflation ...
Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
Stock Market Today: Markets Waver as Inflation Continues to Ease
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
Inflation and retail sales data greet a roaring stock market rally: What to know this week
On a "core" basis, which strips out food and energy prices, CPI is forecast to have risen 3.3% over last year in October, ...
Stock market today: Wall Street ticks up modestly ahead of more inflation data; Disney soars
Markets on Wall Street rose modestly in early trading Thursday as more corporate earnings are released ahead of another ...
Why the market should prepare for inflation to return in Trump second term, according to hedge fund investor David Einhorn
Greenlight Capital hedge fund manager David Einhorn expects inflation to spike again as a result of Donald Trump’s policies.