Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
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.
Stocks inch up, dollar eases as inflation adds to bets on Fed cut
Treasury yields fell sharply, with two-year notes dropping to a session low of 4.256%, from above 4.36% right before the data, as traders adjusted their calculations on the likelihood of a December rate cut from the Fed. Traders were placing a near-69% ...
Stocks Keep Climbing as Fed Cuts Rates
Big tech stocks push higher, while the financial and industrial sectors pull back after Wednesday’s big gains; Lyft jumps 22%.
CPI inflation report keeps bets alive for an end-of-year Fed rate cut
U.S. inflation ticked higher in October, but stable core price pressures and tame month-on-month gains prompted a sigh of relief on Wall Street and likely supported bets for an end-of-year interest rate cut from the Federal Reserve.
Stocks close higher after Fed cuts interest rates
U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by Donald Trump's return as U.S. president.
Dow Jones Today: Stocks Slightly Lower Ahead of Comments from Fed Chair Powell; Disney Soars After Earnings
Stock futures are slightly higher Thursday as the market looks to rebound from a couple of lackluster days, with investors ...
Business Insider35m
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Here's where US indexes stood at the 4:00 p.m. closing bell on Thursday: The slide comes after Powell signaled the Fed is ...
The Motley Fool2d
We've Been Here Before: History Says Stocks Move Big in This Direction When the Fed Cuts Interest Rates
what might seem bullish or bearish for stocks, in terms of monetary policy, tends to have the opposite effect. For example, ...
Asian Equities Climb as US CPI Supports Fed Easing: Markets Wrap
Asian shares drifted higher Thursday after US inflation data supported the case for another Federal Reserve rate cut next ...
Stocks to Rise, Traders See Fed Cut Next Month: Markets Wrap
Asian shares were primed to drift higher Thursday after US inflation data supported the case for another Federal Reserve rate ...
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.
Stock market today: Stocks edge higher after huge rally as traders await Fed decision
Bank stocks and tech shares rallied in the session ... which kicked off with a jumbo 50 basis point cut in September. After ...
Reuters1d
Stocks slide on unease over jump in bond yields as focus turns to US inflation
Trump's proposed policies are also seen by analysts as fuelling inflation, potentially impeding the path to lower Fed ...