Investors are shuddering on concerns of renewed trade tensions between the world’s two biggest economies. Stocks fell sharply on Friday, with the S&P 500 shedding 183 points, or 2.7%, to 6,553 in what was the index’s worst day since April. The Dow Jones Industrial Average fell 879 points, or 1.8%, and the Nasdaq Composite dropped…
Oct 9 (Reuters) – Wall Street’s main indexes edged lower on Thursday after Federal Reserve Chair Jerome Powell offered no fresh policy signals, leaving investors to rely on older data to shape sentiment. While markets have priced in aggressive interest rate cuts on hopes that the Fed will prioritize labor market support, minutes from the…
Traders work on the floor of the New York Stock Exchange. NYSE S&P 500 futures are near flat on Wednesday night after the benchmark index rose to all-time highs. Futures tied to the broad index traded around its flatline, as did Nasdaq 100 futures. Dow Jones Industrial Average futures rose 17 points, also sitting near…
NEW YORK (AP) — If the U.S. government’s latest shutdown can’t stop the stock market, what can? Stock prices keep rising, even as the shutdown delays important economic reports that usually steer trading. The S&P 500 and Dow Jones Industrial Average set all-time highs Friday. It’s not just Big Tech driving the market, which has…
A relentless bull market could show some wear in the coming weeks, with investors flying blind the longer the government remains in a shutdown. Stocks are at all-time highs, with tech names in particular rallying even in the absence of any government data. On Friday, each of the major averages registered a winning week, with…
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Stock markets around the world leaped to new highs on Thursday, propelled by optimism around the AI boom and hopes for further U.S. interest rate cuts, as investors shrugged off the U.S. government shutdown…
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 —…