powell wall street news

Wall St tumbles

Wall St set to open lower after Powell urges caution on rate cuts

Wall Street's main indexes were poised for a lower open on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up bond yields and pressuring rate-sensitive equities.

The Gazette · 5h

Wall St loses ground after Powell urges caution on rate cuts

Wall Street's main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up U.S. Treasury yields and pressuring equities. In a speech on Thursday,

AOL · 10h

Futures drop as Powell signals no hurry on rate cuts

In a speech on Thursday, Powell pointed to ongoing economic growth, a solid job market, and inflation above the Fed's 2% target as reasons the central bank can afford to be careful as they determine the pace and scope of rate cuts going forward.

Wall Street down again early Fri.

Seeking Alpha on MSN · 6h

Stock futures slip, Wall Street on track to end week lower after big post-election rally

U.S. stock index futures on Friday pointed to a lower open, and Wall Street was headed for a weekly loss. Read more here.

Los Angeles Times · 23h

Wall Street weakens as its post-election boom slows some more

The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics that it’s gotten too expensive. The S&P 500 is still up nearly 25% for the year so far, on top of last year’s leap of 24.2%.

The Associated Press on MSN · 7h

Stock market today: Wall Street down again early Friday, on track for third losing week in last four

Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four. Futures for the S&P 500 were 0.5% lower before the bell, while futures for the Dow Jones Industrial Average fell 0.

12hon MSN

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 ...

23h

Wall St indexes end lower after Powell erodes hopes for December rate cut

Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for ...

18h

Wall Street struggles for direction after in-line monthly producer prices

Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.

Watch Fed Chair Powell's Speech Here

Federal Reserve Chair Jerome Powell spoke in Dallas Thursday about the economic outlook. You can watch his appearance here. (His remarks start around the 19-minute mark) ...

22h

Asia markets poised to climb after Wall Street falls on Fed Chair Powell's comments; China data in focus

China will release a slew of economic data, including retail sales and its urban unemployment rate for October.

Tesla, Bitcoin retreat, Wall Street eyes Powell speech: Yahoo Finance

Bitcoin (BTC-USD) and Tesla (TSLA) are giving back some gains on Thursday after the election of President-elect Donald Trump ...

4hon MSN

Wall Street fall as US data, Fed comments signal slower rate cut path

Fed Chair Jerome Powell said on Thursday central bank did not need to rush to lower interest rates due to ongoing economic ...

Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations.

The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming ...

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