Stocks end lower after Powell throws cold water on hopes for December interest-rate cut
The Federal Reserve doesn’t need to rush to lower its benchmark interest rate, Fed Chair Jerome Powell said Thursday.
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: Stocks Slip After Powell Talks Rate Cuts
Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses are paying subscribers for goods, increased 0.2% month over month in October. Year over year, the headline PPI was up 2.4% – the quickest pace since July.
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
Global stocks struggle after Fed signals slower rate cuts
Global stock markets ended the week on a sour note Friday as traders mulled Federal Reserve Chair Jerome Powell's comments that the US central bank was not on a preset path to cut interest rates. While the US central bank is expected to cut interest rates again next month,
Futures drop as Powell signals no hurry on rate cuts
U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce interest rates in a hurry, pushing up bond yields and pressuring rate-sensitive equities.
Stock Market Today: Dow ends 300 points lower as rate-cut doubts stall postelection rally
U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 since early September, as creeping doubts about a December interest-rate cut by the Federal Reserve helped interrupt a postelection rally.
European Shares Slide As Powell Signals Careful Approach To Rate Cuts
European stocks declined on Friday as Federal Reserve Chair Jerome Powell signaled a cautious approach on rate cuts and mixed Chinese
Stocks Slide as Fed Rate-Cut Bets Pared Back: Markets Wrap
European equities and US futures fell after Jerome Powell indicated the Federal Reserve was in no rush to cut interest rates.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,
Powell Speech Sends December Rate-Cut Odds Sliding
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, according to the CME FedWatch Tool.
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Powell's Hawkish Remarks Shake Markets: Stocks Fall, Dollar Rockets, Bitcoin Dips
Federal Reserve Chair Jerome Powell's unexpectedly hawkish remarks on Thursday sent markets into a tailspin. Major U.S.
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Stocks see a slight bump after Powell's 'no'
U.S. stocks ticked higher after Fed Chair Jerome Powell said he wouldn't resign if asked once President-elect Donald Trump is back in the White House. The S&P 500 touched 5,977.33, its session ...
U.S. Stocks Headed for Losses as Powell Punctures Trump Rally
The Trump trade looks to have temporarily run out of steam. U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and ...
Real estate stocks dip amid affordability issues in housing, stagnation in commercial
Healthpeak Properties ( DOC ), CoStar Group ( CSGP) and Alexandria Real Estate Equities ( ARE) were the worst-performing S&P ...
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Retreat As Traders Focus On Powell’s Remarks
SP500 is under pressure as traders react to Fed Chair Powell’s remarks and economic reports. Powell said that Fed did not have to rush to cut interest rates. The Retail Sales report indicated that ...
Stocks Slip and Bond Yields Spike as Powell Speaks
The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...