Stock Market Today: Stocks Slip After Powell Talks Rate Cuts
Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses are paying subscribers for goods, increased 0.2% month over month in October. Year over year, the headline PPI was up 2.4% – the quickest pace since July.
The Trump trade looks to have temporarily run out of steam. U.S. stock futures were pointing to losses early on Friday, continuing a drop started the previous day by producer-price inflation data and ...
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SP500 is under pressure as traders react to Fed Chair Powell’s remarks and economic reports. Powell said that Fed did not have to rush to cut interest rates. The Retail Sales report indicated that ...
U.S. stocks opened lower on Friday, with major indexes set to add to weekly losses as a post-election rally hit a speedbump. Inflation concerns, rising Treasury yields and signs that the Federal Reser ...
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...
The stock market turned lower and bond yields spiked as Wall Street reacted to Federal Reserve Chair Jerome Powell’s latest thoughts on inflation. The Dow was down 221 points, or 0.5%, after reports ...
This data followed Fed Chair Jerome Powell warning on Thursday that strength in the U.S. economy will allow the Fed to take ...
Foreign investors sold out of emerging market stocks in October by the most since the COVID-19 market sell-off in early 2020, ...
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
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