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 ...
US Stocks Erase More Than Half Post-Election Gains: Market Wrap
Stocks fell on Friday, closing out the worst week in more than two months, as Trump trades lost steam and investors bet the ...
Stocks dip, dollar advances after data, Powell comments
A gauge of global stocks fell for a third straight session on Thursday while the dollar climbed, after U.S. labor market data ...
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Retreat As Traders Focus On Powell’s Remarks
SP500 is under pressure as traders react to Fed Chair Powell’s remarks and economic reports. Powell said that Fed did not have to rush to cut interest rates. The Retail Sales report indicated that ...
Stocks Slip and Bond Yields Spike as Powell Speaks
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 ...
Fed has time to see what Trump policies mean for the economy, Powell says
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...