Stock market today: US indexes gain after soft inflation report supports more rate cuts
"The Fed feels as though it has won the battle on inflation and its primary focus is making sure the job market stays steady," Clark Bellin said
Stock Market Today: Stocks Gain After Powell Talks Rate Cuts
Stocks struggled for direction Monday, though the main indexes notched definitive gains for both the month and quarter. A mid-afternoon speech from Fed Chair Jerome Powell failed to lift sentiment, with all eyes now firmly set on the September jobs report,
Dow Falls as Powell Weighs In on Economy, Rate Cuts
U.S. stocks were poised to close out a solid quarter on a down note, edging lower after Fed Chair Jerome Powell suggested the central bank would likely refrain from extra-large interest-rate cuts if the economy evolves as expected.
Stock Market Today: Dow falls over 200 points as Powell remarks on economy
Traders have trimmed their bets on Federal Reserve officials delivering a 50-basis-point interest-rate cut at the central bank's November meeting following comments by Fed Chair Jerome Powell on Monday.
Dollar Gains and Gold Falls as Powell Says Fed in No Hurry to Cut Rates
Monday rose by +0.45%. The dollar Monday recovered from overnight losses and rallied moderately on hawkish comments from Fed Governor Bowman that reduced chances for a -50 bp rate cut at the November FOMC meeting when she said core inflation remains "uncomfortably" above the Fed's 2% target.
The stock market is headed for a 10% correction as the job market slows and inflation stays sticky, Stifel stock chief says
Interest rates are unlikely to tread below 3% without an economic slowdown, Stifel's chief stock strategist said.
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Stock Market Today: Dow futures dip as investors await key economic data
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Stock market today: Wall Street edges up to more all-time highs
Wall Street closed its latest winning month and quarter with more records on Monday. The drift higher for U.S. stocks ...
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U.S. Stock Market Rises Amid Easing Inflation and Upcoming Labor Reports
U.S. stock markets witnessed a modest rise as small-cap stocks outperformed, buoyed by a favorable inflation report. This ...
Stock Market Today: Dow notches fresh record high after PCE inflation report
Japanese stock futures tumbled, and the yen surged, after Japan’s ruling party on Friday picked former defense minister Shigeru Ishiba to be its next leader. A rival candidate opposed higher interest ...
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3 Surprising Ways The Market Reacts to Elections
With both campaigns now entering the final stretch, you can expect to be inundated with political advertising and ...
More Good News...Fed's Preferred Inflation Measure Cooled In August
Learn how Federal Reserve's policies have stabilized inflation rates, driving economic growth while aligning with supply-side ...