Tag Archives: Powell

Asia Poised for Muted Start as Powell Holds Back: Markets Wrap  Bloomberg.com Asian stocks slip as growth concerns cloud outlook  Reuters Asia markets track Wall Street declines after U.S. Fed chair suggests stocks are overvalued  CNBC Asian shares mostly slip after Wall Street rally takes a pause  ClickOnDetroit | WDIV Local 4 Asia markets waver after Wall St retreats from record  Yahoo Finance Source link

US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the central bank would proceed cautiously on further rate cuts and suggested equities were “fairly highly valued.” The Dow Jones Industrial Average (^DJI) fell nearly 0.2%. The S&P 500 (^GSPC) fell about 0.6%, and the tech-heavy Nasdaq Composite (^IXIC) lost almost 1%. Stocks …

The US Federal Reserve chair, Jerome Powell, pushed back hard against claims the central bank allows politics to drive decisions, in the midst of an extraordinary battle over its independence. Donald Trump, who is seeking to increase his administration’s control over the Fed, has branded Powell “a very political guy” after he declined to bow to the president’s public demands …

Wall Street largely lower as Powell reiterates message from last week (SP500:)  Seeking AlphaView Full Coverage on Google News Source link

Jimmy Kimmel will be back on the air Tuesday night after the Charlie Kirk controversy that saw Disney suspend his show for nearly a week, and his first guests upon returning will be Glen Powell and Sarah McLachlan. McLachlan’s appearance on “Jimmy Kimmel Live” is particularly notable as she recently made a show of solidarity with the late night host …

US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the central bank would proceed cautiously on further rate cuts and suggested equities were “fairly highly valued.” The Dow Jones Industrial Average (^DJI) fell 0.3%. The S&P 500 (^GSPC) fell about 0.6%, and the tech-heavy Nasdaq Composite (^IXIC) lost around 0.9%. Stocks jumped …

US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the central bank would proceed cautiously on further rate cuts and suggested equities were “fairly highly valued.” The Dow Jones Industrial Average (^DJI) fell 0.3%. The S&P 500 (^GSPC) fell about 0.6%, and the tech-heavy Nasdaq Composite (^IXIC) lost around 0.9%. Stocks jumped …

Jimmy Kimmel Live! is back after a week’s pause with Glen Powell and Sarah McLachlan set as guests. The show is returning for the first in nearly a week after the show was preempted indefinitely after controversy surrounding comments made by Kimmel about Charlie Kirk’s killer led to veiled threats by FCC chair Brendan Carr. Powell is promoting Hulu sports …

Kenvue Stock Recoups Losses After Trump Links Tylenol to Autism 2 minutes ago Kenvue stock is rebounding. It may be a largely a case of things-could’ve-been- worse. Kenvue (KVUE) shares were recently up some 3%, recovering a bit after a more than 7% selloff Monday in anticipation of President Donald Trump’s comments regarding Tylenol, one of its core products, and autism. Trump …

Stocks turned lower on Tuesday as Wall Street heard from Federal Reserve Chairman Jerome Powell. The Dow Jones Industrial Average was down 116 points, or 0.3%. The S&P 500 was down 0.6%. The Nasdaq Composite was down 0.9%. All three finished at record closing highs on Monday, so any move higher would be a fresh milestone. Powell discussed the economic …