Tag Archives: Powell

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 …

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell on Tuesday noted that asset prices, a category that typically includes stocks and other risk instruments, are at elevated …

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D.C., U.S., Sept. 17, 2025. Elizabeth Frantz | Reuters Federal Reserve Chair Jerome Powell said Tuesday that weakness in the labor market is outweighing concerns about stubborn inflation, leading to a decision he …

Stock market today: Dow, S&P 500, Nasdaq waver as Powell sees ‘challenging situation’ ahead for Fed  Yahoo Finance Wall Street got the rate cut it wanted. Can the optimism last?  CNN US Stocks Hold Steady as Traders Seek Signals From Fed’s Powell  Bloomberg Wall Street coasts to the finish of its latest record-setting week  AP News Fed Gifts the Stock Rally With Rate Cuts. …

Thank you. It is a pleasure to be back here in Rhode Island. The last time I had the opportunity to speak to the Greater Providence Chamber of Commerce was in the fall of 2019. I noted then that, “if the outlook changes materially, policy will change as well.”1 Little did any of us know! Just a couple of months …

The US manufacturing and services sectors grew less than expected in September, according to S&P Global’s US Flash PMI reading. The S&P Global US Manufacturing PMI hit 52, below the 52.2 expected by economists polled by Bloomberg and the reading of 53 last month. Meanwhile, the US Services PMI was 53.9, below the reading of 54 expected and 54.5 last …