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
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.
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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: Dow futures tread water as Treasury yields hold near 4-month highs ahead of Powell speech
Super Micro Computer stock is tumbling another 8.5% in heavy volume after the server maker said it needs additional time to file its 10-Q form for earnings in the last quarter. ASML's U.S.-listed shares are up 3% after the Dutch microchip equipment maker reiterated its 2030 goal of annual revenue between approximately €44 billion ($46.
Stock market today: Indexes mixed as traders digest wholesale inflation and await Powell's remarks
Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with expectations.
Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
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Strong US data feeds doubts about Fed December rate cut
By Howard Schneider WASHINGTON (Reuters) -Strong U.S. economic and inflation data continue to reshape the debate among ...