Tag: Jerome Powell
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Stock market today: Dow, S&P 500, Nasdaq sink as post-election rally fades, Fed prompts rate-cut rethink
US stocks sank on Friday, on track for steep weekly losses as investors absorbed Chair Jerome Powell's signal that the...
Stock market today: Dow, S&P 500, Nasdaq poised to fall after Powell dashes rate-cut hopes
US stocks fell before the bell on Friday, on track for weekly losses as investors took on board Chair Jerome...
US stocks have already reversed a third of post-election rally
(Bloomberg) — A pullback in the S&P 500 (^GSPC) that’s already trimmed about a third off the index’s post-election rally...
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped Thursday as traders focused on remarks from Fed Chair Jerome Powell. Powell...
Bitcoin Speculative Fervor Cools, Traders Await Next Trump Steps
(Bloomberg) -- The speculative frenzy around Bitcoin since Donald Trump’s US election victory is moderating both in the spot and...