Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut rates amid a strong economy.
S&P 500 and Nasdaq extend rally after Fed cuts rates and hints at more ahead. Dow ends flat
The Dow ends flat but S&P 500 and Nasdaq add to their steep post-election gains after the Fed trims rates and hints at more though pace is uncertain.
The Fed Keeps Cutting Rates — So Why Aren’t Mortgage Rates Going Down?
On Thursday, at the end of its November meeting, the Fed announced a reduction of 0.25 percentage points in the federal funds rate, or the rate at which banks lend each other money overnight. The move follows an initial cut of half a percentage point in September.
Stocks Slip Ahead of a Speech from Fed Chair Powell
The S&P 500 Index ($SPX) (SPY) today is down -0.16%, the Dow Jones Industrials Index ($DOWI) (DIA) is down -0.09%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.30%. Stocks today are mostly lower on some profit-taking as today’s strength in US economic news may keep the Fed from aggressively cutting interest rates.
Dow Jones Today: Stocks Slightly Lower Ahead of Comments from Fed Chair Powell; Disney Soars After Earnings
Major indexes were slightly lower Thursday morning after a couple of lackluster days for the U.S. stock market that followed a big post-election rally, as investors await comments this afternoon from Federal Reserve Chair Jerome Powell.
Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures
Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s
Stock market today: Dow, S&P 500, Nasdaq slide as Powell says Fed in no 'hurry' on rate cuts
Stocks moved lower after Federal Reserve Chair Jerome Powell said the central bank is in 'no hurry' on rate cuts.
Jerome Powell says Fed Isn't in Hurry to Cut Interest Rates
"The economy is not sending any signals that we need to be in a hurry to lower rates," Powell said Thursday in Dallas.
Powell says Fed doesn’t need to hurry to cut interest rates
Federal Reserve Chair Jerome Powell said Thursday that the economy is in a good place, with inflation on a sustainable path back to the central bank’s 2% target, and that he expects inflation to continue to come down on a “sometimes bumpy” path.
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank chair said.
Powell says no need for Fed to rush rate cuts given strong economy
Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate carefully, Federal Reserve Chair Jerome Powell said on Thursday.
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Dow Jones falls 200 points, while S&P 500, Nasdaq drag post Powell remarks
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NASDAQ 100, Dow Jones 30 and S&P 500 Forecast – US Indices Continue to Build Pressures
US indices continue to look bullish, but at this point it also looks like they are trying to work off some of the bigger froth, and this means that we are likely to see a continuation of the overall ...
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Dow Drops 207, Nasdaq Falls 123, S&P 500 Shrinks 36
U.S. stocks slipped Thursday as the market’s big burst following Donald Trump’s election continued to cool. The S&P 500 fell ...
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S&P 500, Nasdaq close at records and extend postelection rally as Fed cuts rates
The Nasdaq Composite advanced 1.51% to reach 19,269.46 — its ... but the move was smaller than September’s half-point ...
NASDAQ 100, Dow Jones and S&P 500 Forecast – US Indices Look Poised to Rally Again
The US indices all look as if they are trying to build up the momentum in this overall trend, as the market deals with the earnings season, but also the interest rate situation in the US. All things ...