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Stock market today: Dow, S&P 500, Nasdaq slide after Powell dashes rate-cut hopes
Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to wear off.
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'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,
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
US Dollar rises to near 7-month high as inflation data hints Fed's rate cuts strategy
The US dollar rose to its highest level since April 16, fueled by Donald Trump's victory in last week's U.S. presidential elections. The dollar index rose 0.33 per cent to 106.34 after hitting as high as 106.
Inflation concerns contributed to this week's stock-market selloff: Fundstrat
Profit-taking after last week's torrid post-election rally likely contributed to some of this week's pullback in stocks, which is only natural after such a big move. But investors' lingering concerns ...
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 ...
Stock Market Today: Markets Waver as Inflation Continues to Ease
Core CPI, which excludes food and energy costs and is considered a better indicator of future prices, also matched estimates.
Stock market today: Indexes trade mixed as investors assess rate outlook after new inflation data
Inflation accelerated slightly for the month of October, sparking concern the Fed could pause its interest rate-cutting cycle ...
Morningstar12d
The Fed hasn't tamed inflation - and the stock market has yet to figure that out
Over the past two years, inflation has averaged 3.1% while stock prices have increased at ... More: Inflation is going higher, this market strategist says. Here's his master plan to profit ...
Stock Market Today: Stocks Slip, Dollar Extends Rally
The dollar is trading at a near two-year high. 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: Asian shares meander, tracking Wall Street's mixed finish as dollar surges
Shares were mixed in Asia on Thursday after a lackluster finish on Wall Street following a report showing an uptick last ...
Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US inflation, to surging dollar
Gift Nifty was trading around 23,630 level, a discount of nearly 28 points from the Nifty futures’ previous close, indicating ...
Why the market should prepare for inflation to return in Trump second term, according to hedge fund investor David Einhorn
Greenlight Capital hedge fund manager David Einhorn expects inflation to spike again as a result of Donald Trump’s policies.