S&P, Nasdaq slip as caution prevails ahead of Powell comments
The S&P 500 and Nasdaq fell on Friday as investors were on edge ahead of Federal Reserve Chair Jerome Powell's comments that some fear may have a
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The S&P 500 and Nasdaq fell on Friday as investors were on edge ahead of Federal Reserve Chair Jerome Powell's comments that some fear may have a
April 26, 2024The Dow Jones industrials index hit its highest level in 2023 on Thursday, as Salesforce jumped on an upbeat profit forecast and a new report
November 30, 2023Wall Street’s main indexes rose on Monday ahead of key inflation and jobs data this week that will offer more clues on the Federal Reserve’s interest rate path, while a pullback in Treasury yields cushioned some megacap growth stocks. Stocks ended a volatile session higher on Friday after Fed Chair Jerome Powell at the Jackson Hole meet said the U.S. central bank may need to raise interest rates further. Focus now shifts to a report on the personal consumption expenditures price index, the Fed’s preferred inflation gauge, which is set to be
August 28, 2023U.S. stock index futures edged higher on Monday ahead of key inflation and jobs data due later this week that will offer more clues on the Federal Reserve’s interest rate trajectory, while China’s measures to boost its markets provided further support. Stocks ended a volatile session higher on Friday after Fed Chair Jerome Powell at the Jackson Hole meet said the U.S. central bank may need to raise interest rates further, but also acknowledged the progress made on easing price pressures. Focus now shifts to a report on the personal consumption expenditures
August 28, 2023