Wall St sinks on Powell rate-cut caution, Trump cabinet picks
3 days ago · Nov 15 (Reuters) - 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 ...
Stock market today: Wall Street tumbles as the ... - Associated Press News
2 days ago · Share. NEW YORK (AP) — U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut to interest rates by the Federal Reserve, kept fading. The S&P 500 dropped 1.3% for its worst day since before Election Day to close out a losing week. The Dow Jones Industrial Average fell ...
Wall St indexes end lower after Powell erodes hopes for …
4 days ago · Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need ...
Powell Tells Wall Street No Signals Yet to Warrant Fast Cuts
3 days ago · “The economy is not sending any signals that we need to be in a hurry to lower rates,” Federal Reserve Chair Jerome Powell said Thursday during a speech in Dallas. Unsurprisingly, this ...
Wall Street Risk Fanatics Cool Down on Fed, Trump Trade Rethink
2 days ago · After a post-election risk-taking binge, stock investors sobered up this week as Jerome Powell’s go-slow message on interest-rate cuts cooled the Trump trade euphoria that drove Wall Street to ...
Wall Street soars to records as Dow leaps 500 ... - Associated Press News
Sep 19, 2024 · NEW YORK (AP) — Wall Street romped to records Thursday as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates. The S&P 500 jumped 1.7% for one of its best days of the …
Wall Street Hits Record Highs After Powell's Speech, Lifts …
Nov 7, 2024 · The U.S. stock market closed at record highs Thursday after the Federal Reserve's widely expected decision to lower interest rates and Fed Chair Jerome Powell's press conference where he...
Stock market: Wall Street edges lower ahead of Powell speech | AP News
Aug 22, 2024 · NEW YORK (AP) — U.S. stocks weakened Thursday in the run-up to Wall Street’s main event for the week, a speech by Federal Reserve Chair Jerome Powell coming on Friday. The S&P 500 fell 0.9% for its worst day following a two-week rally.
Wall Street closes lower after Fed Chair Powell says more hikes ... - CNN
Sep 20, 2023 · Wall Street investors sold off stocks after Fed Chair Jerome Powell suggested the US economy was not out of the woods, and a recession remained a possibility. The central bank last raised rates...
Wall Street ends sharply higher as Powell cements September …
NEW YORK, Aug 23 (Reuters) - U.S. stocks rallied on Friday as dovish remarks from U.S. Federal Reserve Chair Jerome Powell solidified expectations that the central bank will cut its key policy...