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Elon Musk, Wall Street
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 told BI.
Elon Musk wants Trump to disrupt Wall Street with his Treasury pick
As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as usual” on Wall Street.
Elon Musk backs Howard Lutnick as agent for ‘change’ at US Treasury
Your guide to what the 2024 US election means for Washington and the world Elon Musk has thrown his support behind Howard Lutnick over fellow Wall Street investor Scott Bessent in the race to be Donald Trump’s new Treasury secretary,
Fed will likely cut rates cautiously
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter regulation would mean fatter profits. It and Goldman Sachs were the biggest reasons for the Dow’s slight loss.
Traders See Just a 50% Chance That Fed Cuts Rates in December
Traders see an interest-rate cut next month as a coin toss as resilient economic data empowers Federal Reserve officials to take a potentially more-cautious approach to easing.
21h
on MSN
Stock market today: Wall Street tumbles as the “Trump bump” fades and vaccine makers sink
U.S. stocks tumbled Friday as the “Trump bump” that Wall Street got from last week’s presidential election, along with a cut ...
2d
Wall Street struggles for direction after in-line monthly producer prices
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
3d
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer ...
9d
Wall Street Reacts to the Fed Decision
Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...
1d
on MSN
Nasdaq falls 2%, S&P, Dow drop as Wall Street rethinks pace of rate cuts
Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving ...
1d
Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve ...
3d
on MSN
Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...
3d
on MSN
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Detroit Free Press
7d
Trump’s win sends Wall Street to record highs; Fed cuts interest rates
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 ...
1d
on MSN
Stocks Tumble As Traders Rethink Fed's Action, VIX Spikes 17%, Nasdaq Erases Post-Trump Gains: What's Driving Markets Friday?
Risk aversion dominated Wall Street in the final session of the week, driving sharp losses across major indices. Investors ...
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