Dow and Nasdaq slide as postelection rally fades. Fed remarks on inflation temper rate cut hopes, dragging US indices into negative territory this week.
This data followed Fed Chair Jerome Powell warning on Thursday that strength in the U.S. economy will allow the Fed to take ...
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
Jay Powell on Thursday once again reinforced his intention to serve out his term as chair of the Federal Reserve while making ...
The Mexican Peso wavers against the US Dollar on Thursday after snapping three days of losses on Wednesday. Traders await the ...
The Canadian Dollar (CAD) backslid into new lows against the Greenback on Thursday, slipping to a fresh 54-month low and ...
This broad retreat comes as traders reassess the likelihood of a rate cut next month. Federal Reserve Chairman Jerome ...
Overnight, global markets saw a mixed bag, with US equities mostly lower across the board. Nine of the eleven S&P 500 industry sectors experienced declines, with industrials leading the way.
Markets were muted ahead of an afternoon speech by Powell. Investors were right to be guarded, since he leaned more hawkish ...
U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, ...
Wall Street dips as traders await Powell’s speech, with PPI data steady but inflation concerns lingering. Rate cut ...
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.