Fed, Powell
Digest more
Stocks have made a bit of a round trip since last Friday when Trump's tariff comments sparked a big sell-off. Bonds benefited from that at the time. So far this week, stocks have staged a solid comeback--especially today as upbeat earnings and Fed rate cut expectations provide support.
Did Fed Chair Jerome Powell Drive a Dagger Through the Stock Market's Heart With These 6 Words? Historical Data Backs Up His Claim. The S&P 500 has recorded 32 new all-time highs this year, with the Dow Jones Industrial Average and Nasdaq Composite also powering to multiple record closes.
Small-cap stocks rallied after comments from Federal Reserve Chair Jerome Powell buttressed expectations that more interest-rate cuts are coming. Powell suggested a cut is lik
During an appearance in Rhode Island on Tuesday, Federal Reserve Chair Jerome Powell appeared to cause a stir in the equity market when he said that stocks were “fairly highly valued.”
US indices climbed after Fed minutes signaled more cuts. Traders bet on a dovish Fed as tech stocks like Nvidia lifted Nasdaq and S&P500 higher.
The Manila Times on MSN
Asian equities draw inflows in September on Fed rate cut outlook, AI optimism
ASIAN equities saw strong inflows in September, boosted by the US Federal Reserve’s first rate cut in nine months, expectations of further easing this year, and a weaker dollar that lifted demand for regional assets.
Within minutes, the words “highly valued” were pinging through the financial world. The words’ importance was a bit fuzzy. Maybe the Fed would somehow engineer the markets downward, or, with its vast data, it might foresee a market decline.
Investors have been clamoring for lower rates, but some commentators in the market think that a Fed cut won't boost stocks or the economy as expected.
Nvidia’s AI boost lifts Nasdaq and S&P500, while traders eye Fed minutes and government shutdown risks weighing on US stock market sentiment today.
Asian currencies consolidated against the dollar in early trade, but may be weighed by ongoing U.S.-China trade tensions.