Wall St Indexes End Lower After Powell Erodes Hopes for December Rate Cut
(Reuters) -Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters ...
U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut ...
Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving ...
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
In other dealings early Thursday, U.S. benchmark crude oil shed 37 cents to $68.06 per barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the international standard, gave ...
Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...
President-elect Donald Trump's election as the 47th president of the United States sent Wall Street into a frenzy, driving major stock indexes to once again break record highs. Investors are ...
Risk aversion dominated Wall Street in the final session of the week, driving sharp losses across major indices. Investors ...
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