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 ...
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 ...
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 ...