Federal Reserve Chair Jerome Powell said last week that equities are “fairly highly valued.” Such warnings haven’t kept the stock market from going higher in the past. JPMorgan strategist Fabio Bassi looked at S & P 500 returns after Powell, as well as previous Fed Chairs Alan Greenspan, Ben Bernanke and Janet Yellen, issued similar…
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump posted on Saturday a cartoon image depicting him firing Federal…
Core inflation was little changed in August, according to the Federal Reserve’s primary forecasting tool, likely keeping the central bank on pace for interest rate reductions ahead. The personal consumption expenditures price index posted a 0.3% gain for the month, putting the annual headline inflation rate at 2.7%, the Commerce Department reported Friday. Excluding food…
Another Federal Reserve rate cut, another … rise in interest rates? That is the current dynamic across the Treasury yield curve — the real-time market rates — a week after the Fed’s first cut in policy interest rates in nearly a year. Many consumer loans, such as home equity and mortgages and credit cards —…
(Reuters) -U.S. stock index futures were little changed on Thursday, pointing to a pause after a record-breaking rally this week as investors awaited fresh catalysts to keep up the momentum in what has been an unusually strong September for markets. The tentative moves reflect a broader sense of caution ahead of Friday’s release of the…
US stocks were little changed before the bell on Thursday on the heels of back-to-back losing days as uncertainty around Federal Reserve policy kept investors guessing the path of interest rates. Futures on the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the tech-heavy Nasdaq 100 (NQ=F) all hovered near the flat line….
US stock futures held steady as uncertainty around Federal Reserve policy rattled investors even as the tech industry continued to make big moves on AI. Futures attached to the Dow Jones Industrial Average (YM=F) edged up 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) fluttered around the flatline….
US stocks fell on Wednesday, as Wall Street digested mixed messaging from Fed officials on US interest rates. The S&P 500 (^GSPC) slid 0.4% while the Dow Jones Industrial Average (^DJI) declined by about 0.3%, The tech-heavy Nasdaq Composite (^IXIC) dropped 0.4%. The declines marked a reversal from the indexes’ earlier gains. Debate over the…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. AI trade cools off The…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator.) Another one of the market’s occasional rethinks of the beloved AI-investment theme strikes some of the heavily owned leaders of the group, pressuring the big-cap indexes but so far sparing the majority of stocks from significant damage. Questions over whether…