Wall St tumbles after Powell urges caution on rate cuts
The Nasdaq and the S&P 500 were set for their worst session in over two weeks on Friday, after comments from Federal Reserve Chair Jerome Powell pointed to a slower pace of interest-rate cuts.
Stock Market Today: Stocks extend slide as Powell seeks rate cut patience
Stocks finished lower on Thursday, with another afternoon selloff tied to a jump in Treasury bond yields, this time linked to hawkish comments from Fed Chair Jerome Powell. Speaki
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Stock market today: Dow, S&P 500, Nasdaq slide after Powell dashes rate-cut hopes
Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to wear off.
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.
Futures drop as Powell signals no hurry on rate cuts
U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce interest rates in a hurry, pushing up bond yields and pressuring rate-sensitive equities.
Stocks Slide as Fed Rate-Cut Bets Pared Back: Markets Wrap
European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,
European Shares Slide As Powell Signals Careful Approach To Rate Cuts
European stocks declined on Friday as Federal Reserve Chair Jerome Powell signaled a cautious approach on rate cuts and mixed Chinese
Powell Speech Sends December Rate-Cut Odds Sliding
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, according to the CME FedWatch Tool.
European markets ease as Powell says no hurry to cut rates; UK GDP ticks up slightly
The GDP in the UK expanded 0.1% on quarter in the third quarter. Major U.S. equity averages closed in the red Thursday as Powell said economic conditions do not warrant a quick pace in lowering interest rates.
The stock market's Trump honeymoon is turning sour
And just like that, half of the stock market's euphoric post-Trump-election gain is gone. Major US indexes sold off sharply ...
Stock Market Today: Dow falls 300 points as rate-cut doubts stall postelection rally
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that ...
Stock Market Today: Nasdaq Drops 2.2%; Trump's RFK Jr. Pick Hits Pharma
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Stock market today: Indexes tumble after Fed comments dent December rate-cut odds
The odds of a 25-basis-point rate cut fell to less than 60% shortly after Powell's comments, down from 80%, as calculated by ...
Stock market today: Wall Street falls toward worst loss since Election Day as vaccine makers sink
U.S. stocks are falling toward their worst loss since Election Day as the big bump Wall Street got from last week’s victory ...
Stock Market Today: S&P 500, Nasdaq Futures Fall; Dollar Weakens
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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 edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.