U.S. stocks closed lower after the Federal Reserve left interest rates unchanged and took a less confident view on inflation, and chip darling Nvidia renewed its slide on a report President Donald Trump’s considering restricting the company’s sales to China. Nearly everyone expected the Fed to keep interest rates steady, but the Fed dropped in…
Wall Street opened mostly higher Tuesday, apparently cheering President Donald Trump’s first day back in the White House after his speeches seemed to show a softer stance on tariffs, economists, said. Before Monday’s inauguration, people feared large, blanket tariffs across the board would be inflationary and slow the economy. Instead, “broad and immediate tariffs were…
U.S. stocks dipped in early trading, taking a breather after the major stock indexes posted the largest daily percentage gain since Nov. 6 since Nov. 6 on Wednesday, amid cooling inflation and strong bank earnings. Investors mostly shrugged off a weaker-than-expected gain in December retail sales and a higher-than-expected jump in weekly unemployment claims. The…