Stock Market Today: Stocks Slip After Powell Talks Rate Cuts
Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses are paying subscribers for goods, increased 0.2% month over month in October. Year over year, the headline PPI was up 2.4% – the quickest pace since July.
Wall St indexes end lower after Powell erodes hopes for December rate cut
Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.
US stocks ended the week sharply lower as investors adjusted their positions to a potentially slower rate of interest rate ...
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
The Trump trade looks to have temporarily run out of steam. U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and ...
U.S. stocks opened lower on Friday, with major indexes set to add to weekly losses as a post-election rally hit a speedbump. Inflation concerns, rising Treasury yields and signs that the Federal Reser ...
U.S. stocks tumbled Friday as the "Trump bump" that Wall Street got from last week's presidential election, along with a cut ...
The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...
Foreign investors sold out of emerging market stocks in October by the most since the COVID-19 market sell-off in early 2020, ...
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
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