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2 mins read
Stock market today: Indexes hover near records ahead of Fed Chair Powell's testimony
Indexes continued to trade near records as investors gear up for Fed Chairman Jerome Powell to spea…
Filip De Mott
2 mins read
Stock market today: US stocks close mixed as investors await this week's Fed testimony
Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday, offering clues as …
Filip De Mott
1 min read
Stock market today: Indexes inch higher to new records after Powell testimony
Outlooks on Fed policy remained unchanged after Chairman Jerome Powell offered no new insight durin…
Filip De Mott
2 mins read
3 reasons the Fed should cut interest rates this month instead of waiting for September
"If the case for a cut is clear, why wait another seven weeks before delivering it?" Goldman Sachs …
Matthew Fox
1 min read
Stock market today: Indexes poised for another record as traders digest Fed commentary
The Fed looks like it's "inching closer" to a rate cut, according to B. Riley Wealth's Art Hogan.
Jennifer Sor
2 mins read
Nasdaq closes at a record as Fed's Powell reiterates that rising inflation is transitory
Fed chairman Jerome Powell reiterated his outlook that inflation will be transitory in a congressio…
Emily Graffeo
2 mins read
US stocks rise as investors eye oil at 7-year highs and await Powell testimony
US stocks regained some ground lost in the previous session as investors watch developments in Ukra…
Phil Rosen
2 mins read
Dow surges nearly 600 points as Powell testimony eases rate-hike fears and investors watch Ukraine
Powell said the Fed will "proceed carefully" and stressed being "nimble in responding to incoming d…
Phil Rosen
2 mins read
US stocks trade mixed as investors mull economic outlook ahead of Fed chief's testimony
Fed Chair Powell will testify before Congress on the central bank's response to the pandemic. Bitco…
Emily Graffeo
2 mins read
Jerome Powell's testimony is rattling markets. Here's what 4 strategists are saying about the Fed's hawkish stance.
Traders are pricing in higher odds of larger, half-point hike at the Mach policy meeting following …
Phil Rosen
1 min read
Stock market today: Bitcoin flirts with record highs as traders await clues on the Fed's next move
Bitcoin slipped in premarket trading Tuesday, and US stock futures dropped as investors waited for …
George Glover
5 mins read
Sensex, Nifty50 decline after hawkish US Fed chair commentary; RIL, ICICI Bank, TCS among losers
The Sensex closed 0.90% lower at 59,806 while the Nifty50 ended 0.93% lower at 17,589. This comes a…
2 mins read
Oil prices drop alongside other commodities as Fed Chair Powell opens the door to even higher US interest rates
The dollar is surging and commodity prices are slumping as Powell struck a hawkish tone in testimon…
Carla Mozée
1 min read
The yield on the key 10-year Treasury is tumbling as investors flee to safe haven assets in the face of Omicron worries
Omicron could hurt the US labor market and increase uncertainty around inflation, says Fed Reserve …
Carla Mozée
2 mins read
Investors should brace for a sell-off in tech stocks with Fed chair Powell set to deliver a hawkish message to lawmakers, Gene Munster says
A hawkish message from Fed boss Jerome Powell this week will "lay the groundwork" for a sell-off in…
Carla Mozée
2 mins read
The US is recovering faster than expected but economic rebound is far from complete, Fed's Powell says
Industries hit hardest by Covid "remain weak," and the current 6.2% unemployment rate "underestimat…
Ben Winck
2 mins read
Global stocks rise as Fed Chair Jerome Powell confirms interest rates will remain low for longer
Powell's remarks were enough for the "perpetual circling dip-buyers in multiple asset classes to re…
Shalini Nagarajan
2 mins read
Fed's Powell clearly backs Democrats' large-scale stimulus proposal, Sen. Sherrod Brown says
The economy isn't yet ready to "take off" and most Americans still need fiscal support, the Senate …
Ben Winck
4 mins read
Here's why hawkish Powell testimony might not derail the stock market rally
Insider's Phil Rosen breaks down what to know in Jerome Powell's comments today and how stocks coul…
Phil Rosen
2 mins read
7 reasons why stocks have positive support in the near term despite rising bond yields, according to Fundstrat's Tom Lee
Declining COVID-19 cases and strong economic momentum are two reasons Tom Lee says stocks have posi…