The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
US Stocks Erase More Than Half Post-Election Gains: Market Wrap
Stocks fell on Friday, closing out the worst week in more than two months, as Trump trades lost steam and investors bet the ...
U.S. Stocks Headed for Losses as Powell Punctures Trump Rally
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 ...
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Retreat As Traders Focus On Powell’s Remarks
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 ...
Dow opens over 100 points lower as stocks head for losing week
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 ...
Fed has time to see what Trump policies mean for the economy, Powell says
Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking ...
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US stocks lower; Powell puts economy into the spotlight
This data followed Fed Chair Jerome Powell warning on Thursday that strength in the U.S. economy will allow the Fed to take ...
Dow Jones Today: Stocks Fall as Big-Tech Tumbles; Major Indexes Record Weekly Losses
Stocks fell Friday, putting major indexes in the red for the week as the election-fueled rally that took stocks to a series ...