Stock Market Today: Wall Street Falls Toward Worst Loss Since Election Day as Vaccine Makers Sink
U.S. stocks are falling toward their worst loss since Election Day on Friday as the big bump Wall Street got from last week’s ...
Stock Market Today: Wall Street Drifts After Inflation Update Comes in as Expected
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
Dollar eyes weekly gain on slower Fed easing, inflation outlook
The greenback hovered near a one-year high against a basket of currencies at 106.88, eyeing a weekly gain of 1.8%, which would mark its best performance since September.
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Stock market today: Dow, S&P 500, Nasdaq tumble as traders trim rate-cut bets
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies starts to wear off. The S&P has already reversed one-third of its ...
Stock market today: Dow, S&P 500, Nasdaq slide after Powell dashes rate-cut hopes
Powell's hawkish comments are casting a pall on markets as the initial optimism for President-elect Donald Trump's policies ...
October retail sales top estimates, September spending revised sharply higher
October sales, excluding auto and gas, rose just 0.1%, below consensus estimates for a 0.3% increase. The control group in Tuesday's release, which excludes several volatile categories and factors ...
Powell says no need for Fed to rush rate cuts given strong economy
But the pace of rate cuts "is not preset," Powell said at a Dallas Fed event, adding that "the economy is not sending any signals that we need to be in a hurry to lower rates. The strength we are ...
Fed's Kugler says Fed has made good progress on achieving mandates
NEW YORK (Reuters) - Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve its job and inflation goals, while stopping short of ...
2 firm inflation prints just made the Fed's 2025 rate cut path a lot 'murkier'
Markets have quickly shifted over the past two months to reflect this sentiment. On Sept. 18, when the Fed slashed rates by half a percentage point, markets had projected the Fed would finish 2025 ...
US import prices unexpectedly rise in October
WASHINGTON (Reuters) - U.S. import prices unexpectedly rose in October amid higher prices for fuels and other goods, the latest indication of lack of progress lowering inflation in recent months.
Stock market today: Dow ticks higher with Powell speech, Trump-led sweep in focus
The Dow Jones Industrial Average ( ^DJI) ticked up 0.2%, while the S&P 500 ( ^GSPC) rose 0.1%. The Nasdaq Composite ( ^IXIC) ...
Analysis-Investors circle the Trump trade's global market victims
LONDON (Reuters) - Big global investors are exiting popular trades that bet on U.S. President-elect Donald Trump’s tax and tariff policies boosting Wall Street and wreaking damage abroad and swooping ...