Stock market today: Dow, S&P 500, Nasdaq slide after Powell dashes rate-cut hopes
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its post-election rally, and the Nasdaq is poised for a weekly loss of around 1%.
And just like that, half of the stock market's euphoric post-Trump-election gain is gone. Major US indexes sold off sharply ...
Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two ...
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
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Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on ...
Meantime, Federal Reserve Chair Jerome Powell will speak this afternoon. Investors will listen out for any comments about ...
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