powell wall street news

Wall St loses ground

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.

Markets Insider on MSN · 1d

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.

The Gazette · 13h

Wall St loses ground after Powell urges caution on rate cuts

Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up U.S. Treasury yields and pressuring equities. In a speech on Thursday,

Wall Street down again early Fri.

Bloomberg on MSN · 8h

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 · 14h

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.

20hon 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 ...

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.

13h

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) ...

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 ...

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.

7hon MSN

Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink

U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...

Wall Street edges higher at the open after PPI data

Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with ...

13hon MSN

Nasdaq falls 2%, S&P, Dow drop as Wall Street rethinks pace of rate cuts

Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving ...

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