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 the CME FedWatch Tool. The probability remained lower, around 58%, on Friday morning.
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.
Stock market's big rally, inflation could mean Fed has only one rate cut left before a pause, says CIO
Wednesday's inflation reading, while ticking up to a 2.6% yearly rate as expected, continues to hold above the Federal Reserve's 2% target. Combining that with the easing of financial conditions on the heels of a powerful rally in the stock market in early November could drive the Fed to cut rates only one more time before taking a pause,
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.
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.
Stock market today: Most of Wall Street rises after the Fed cuts interest rates
U.S. stocks are ticking higher ahead of the Federal Reserve’s announcement coming later in the afternoon about what it will do with interest rates.
Stock Market Today: Dow futures point to second day of losses after Powell remarks
U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively. Dow Jones Industrial Average futures fell 204 points,
Stock markets diverge as traders weigh future Fed cuts
Stock markets diverged on Thursday as investors digested US inflation data that supported the case for another interest rate cut next month, while worries over Donald Trump's presidency clouded optimism.
Stock markets rise as traders weigh future Fed cuts
US and European stocks rose on Thursday as investors waited for more clues about future interest rate cuts, while worries over Donald Trump's presidency clouded optimism.Investors were looking forward to a speech by US Federal Reserve Chairman Jerome Powell for indications about future interest rate cuts.
Dow Jones Today: Stocks Slightly Lower Ahead of Comments from Fed Chair Powell; Disney Soars After Earnings
Major indexes were slightly lower Thursday morning after a couple of lackluster days for the U.S. stock market that followed a big post-election rally, as investors await comments this afternoon from Federal Reserve Chair Jerome Powell.
5 things to know before the stock market opens Friday
Here are five key things investors need to know to start the trading day: Stocks moved lower Thursday, as the Dow Jones ...
Stock Market Today: Indexes Drop; Trump's RFK Jr. Pick Hits Global Pharma
Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
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 ...
Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
Morningstar12d
The Fed hasn't tamed inflation - and the stock market has yet to figure that out
New York Federal Reserve Bank, Conference Board and University of Michigan surveys of one-year expected inflation to average above 3%, in line with core inflation and above the Fed's 2% target.
Stock Market Today: Dow finishes with small gain after CPI inflation reading
U.S. stocks finished mostly higher on Wednesday, with the S&P 500 barely eking out a gain, after October's consumer-price index came in cooler than some market participants had expected. The Dow ...
Dow Jones Today: Stocks Rise as Market Resumes Post-Election Rally; Bitcoin Jumps Above $93K
Stocks were higher Wednesday, rebounding from a downturn yesterday that snapped a post-election winning streak, after a ...