Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Powell added the US has had the best domestic growth of any major economy, and emphasized the strength of the labor market. He said the October jobs report's slowing job growth was largely due to storm-related damage. Powell's comments come as investors ...
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.
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Why are you buying when the “Oracle of Omaha” is selling? What do you know that he doesn’t? And conversely, what does Buffett ...
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Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...
Some of corporate America’s largest investors are taking advantage of the stock market rally by selling down stakes in ...
As the U.S. stock market takes a breather following a post-election rally that propelled major indices to record highs, ...
S&P 500, Dow and Nasdaq are all at all-time high levels primarily on the back of falling inflation levels and the US Fed rate ...
It finds that the party in the White House tends to stay in power when the US stock market rises ahead of a presidential ...
Most stock markets in the Gulf fell in early trade on Wednesday, tracking Asian shares lower ahead of key U.S. inflation data ...
Donald Trump's US presidential election victory and the Federal Reserve's interest rate cut boosted market sentiment.
U.S. stock markets showed a mixed response to the inflation report. The S&P 500 fell by less than 0.1 percent, ending a ...
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