powell wall street news

Wall Street down again early Fri.

Wall Street’s Post-Election Market Euphoria Is Cooling Down

After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on interest-rate cuts cooled the Trump trade euphoria that drove Wall Street to records.

Los Angeles Times · 1d

Wall Street weakens as its post-election boom slows some more

The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics that it’s gotten too expensive. The S&P 500 is still up nearly 25% for the year so far, on top of last year’s leap of 24.2%.

The Associated Press on MSN · 8h

Stock market today: Wall Street down again early Friday, on track for third losing week in last four

Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four. Futures for the S&P 500 were 0.5% lower before the bell, while futures for the Dow Jones Industrial Average fell 0.

jerome powell, Fed and Wall Street

Reuters · 2h

Wall St sinks on Powell rate-cut caution, Trump cabinet picks

Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns about slower interest-rate cuts and as investors reacted to cabinet picks by U.

moneycontrol.com · 20h

Wall Street traders trim bets for December Fed rate cut on Powell’s caution

Swaps traders lowered the chance to less than 60% that the central bank reduces rates at their two-day gathering that wraps on Dec. 18 — from roughly 80% a day earlier.

U.S. News & World Report · 1d

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s

13hon MSN

The fight over Jerome Powell puts Elon Musk at odds with Wall Street

The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...

19h

Wall Street struggles for direction after in-line monthly producer prices

Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.

Watch Fed Chair Powell's Speech Here

Federal Reserve Chair Jerome Powell spoke in Dallas Thursday about the economic outlook. You can watch his appearance here. (His remarks start around the 19-minute mark) ...

23h

Asia markets poised to climb after Wall Street falls on Fed Chair Powell's comments; China data in focus

China will release a slew of economic data, including retail sales and its urban unemployment rate for October.

Tesla, Bitcoin retreat, Wall Street eyes Powell speech: Yahoo Finance

Bitcoin (BTC-USD) and Tesla (TSLA) are giving back some gains on Thursday after the election of President-elect Donald Trump ...

1hon MSN

Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink

U.S. stocks tumbled Friday as the "Trump bump" that Wall Street got from last week's presidential election, along with a cut to interest rates by the Federal Reserve, kept fading.

5hon MSN

Wall Street fall as US data, Fed comments signal slower rate cut path

Fed Chair Jerome Powell said on Thursday central bank did not need to rush to lower interest rates due to ongoing economic ...

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