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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 …

Kelly Cloonan   


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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 wer…

Kelly Cloonan   


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Stock market today: US indexes edge higher to records as Powell talks up strength of the economy

"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend…

Matthew Fox   


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5 mins read

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 Feder…

Alice Tecotzky   


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US Fed cuts interest rates by 25 bps, Powell notes Trump's victory to have no impact on policy decisions

The US Federal Reserve cut interest rates for the second time this year, lowering them to 4.5-4.75%…

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3 mins read

Sensex, Nifty edge up in volatile trade ahead of US Fed chief speech

In early trade, the benchmark declined 169.93 points or 0.20 per cent to a low of 80,883.26. La…

PTI   


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What can you expect from the US Fed meeting later this week? Here's all you need to know

The US Federal Reserve is widely expected to cut interest rates by 0.25% on Thursday, following a l…

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Here's how Jerome Powell could surprise markets with his Jackson Hole speech

"A possible hawkish surprise might be highlighting instead that broad financial conditions are stil…

Matthew Fox   


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Stock market today: US stocks rise ahead of Jerome Powell's speech at Jackson Hole

The past three Jackson Hole speeches have been followed by an average one-month decline of 4% in th…

Matthew Fox   


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Stock market today: Stocks end lower as markets brace for Powell's Jackson Hole speech

Indexes fell Thursday as investors wait for comments on rate cuts and the economy from Jerome Powel…

Kelly Cloonan   


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Stock market today: Dow rises 462 points as stocks rally after Powell says rate cuts are coming

"The Powell pivot is here, as the Fed has now firmly turned dovish," Carson Group strategist Ryan D…

Matthew Fox   


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Stock market today: Nifty opens above 25k, metal inches up over 1% in early trade on August 1st, 2024

Maruti, Coal India, Hindalco, JSW Steel and Power Grid Corporation of India were amongst the early …

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Powell's rate-cut signal hits the US dollar — but strong stock markets could limit the blow, says Goldman Sachs

Strong US stock market performance could limit the dollar's downside — even if the Fed is easing, a…

Huileng Tan   


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Fed Chair Powell stands firm amid questioning about whether Trump will push him out

Fed chair Jerome Powell said he won't resign even if President-elect Donald Trump asks him to leave…

Ayelet Sheffey   


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The stock market's Trump honeymoon is turning sour

More than half of the stock market's post-Trump-election rally has been erased.

Filip De Mott   


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1 min read

Stock market today: Indexes tumble after Fed comments dent December rate-cut odds

Stock indexes retreated as investors digested comments that the Fed is in no hurry to reduce intere…

Filip De Mott   


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5 mins read

The interest rate on my high-yield savings account keeps dropping. I asked 3 experts how to earn more on my cash.

The interest rate on my high-yield savings account has dropped from 4.6% to 4.2%. I asked experts h…

Christine Ji   


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Stock market today: Indexes end the week at records as investors cheer Trump's victory

Stocks closed at a record high on Friday, with the S&P 500, Dow Jones, and Nasdaq 100 all notching …

Matthew Fox   


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Stock market today: Indexes edge up to head toward the best week of the year

Stocks are headed for the best week of 2024, with the S&P 500 on track for a 4% gain, while the Nas…

Matthew Fox   


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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