Wall St sinks on Powell rate-cut caution, Trump cabinet picks
18 hours ago · 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 ...
Powell Tells Wall Street No Signals Yet to Warrant Fast Cuts
1 day ago · Unsurprisingly, this sentiment wasn’t welcomed by traders on Wall Street eager for a more aggressive approach to interest rates. The S&P 500 hit session lows, Treasury two-year yields spiked and ...
Wall Street sinks on Powell rate-cut caution, Trump cabinet picks
5 hours ago · Wall Street’s main indexes closed lower today, 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 ...
Wall Street Risk Fanatics Cool Down on Fed, Trump Trade Rethink
7 hours ago · 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 ...
Wall St indexes end lower after Powell erodes hopes for …
1 day ago · (Reuters) -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 ...
Wall Street soars to records as Dow leaps 500 ... - Associated Press News
Sep 19, 2024 · NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the …
Wall Street Rises After Jerome Powell Signals Interest Rate ... - Newsweek
Aug 23, 2024 · Wall Street rallied on Friday following comments by Federal Reserve Chair Jerome Powell, who said "the time has come" to begin cutting interest rates. Stock indexes surged with the S&P 500...
Stock market: Wall Street edges lower ahead of Powell speech | AP News
Aug 22, 2024 · NEW YORK (AP) — U.S. stocks weakened Thursday in the run-up to Wall Street’s main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. The S&P 500 fell 0.9% for its worst day following a two-week rally.
The Fed's Powell is bullish on the economy - POLITICO
Mar 20, 2024 · Federal Reserve officials expect to cut borrowing costs three times in 2024 but signaled Wednesday that interest rates won’t drop as aggressively over the next three years, in an endorsement of the...
Jerome Powell’s Pivot Fuels an All-Conquering Wall Street Rally
Aug 23, 2024 · Jerome Powell’s most decisive signal yet that his inflation-fighting mission has been accomplished has helped restore order to markets that only three weeks ago were engulfed in the worst...