Tag Archives: Powell

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

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 …

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Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

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 …

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Glen Powell & Sarah McLachlan Guest On ‘Jimmy Kimmel Live!’s Return

Glen Powell & Sarah McLachlan Guest On ‘Jimmy Kimmel Live!’s Return

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 …

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Stock Indexes Retreat From Record Highs; Fed Chair Powell Gives First Comments Since Rate Cut

Stock Indexes Retreat From Record Highs; Fed Chair Powell Gives First Comments Since Rate Cut

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 …

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Fed Chief Powell says stock prices appear ‘fairly highly valued’

Fed Chief Powell says stock prices appear ‘fairly highly valued’

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 …

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Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead

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 …

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Stock market today: Dow, S&P 500, Nasdaq waver as Powell sees 'challenging situation' ahead for Fed – Yahoo Finance

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

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. …

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Speech by Chair Powell on the economic outlook

Speech by Chair Powell on the economic outlook

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 …

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Dow rises, S&P 500 and Nasdaq slip as Powell speaks for first time since cut

Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’

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 …

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