Dow, S&P 500 climb off session lows as Powell steps up to the podium
U.S. stocks are paring their earlier losses as Fed Chair Jerome Powell kicks off Wednesday's press conference with his prepared remarks. Both the Dow and S&P 500 bounced off of session lows, and the ...
Nvidia back under pressure as tech stocks extend decline ahead of Fed rate decision
Nvidia's stock was getting crushed again on Wednesday after recovering some of Monday's 17% rout in the previous session, as investors continued to digest the impact of DeepSeek's surprise AI ...
Fed's Powell said PCE inflation rose 2.6% in 12 months ended in December
Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
Stocks trim drop after Powell plays down change in language on inflation
Stocks trimmed their decline and Treasury yields moved off session highs after Federal Reserve Chair Jerome Powell described a tweak to the central bank's policy statement on inflation as a "language ...
Tesla's Model Y Price Could Be a Hint About the Model 2's Timing
Tesla recently raised prices for some of its vehicles in several markets around the world. The hikes come amid significant ...
Powell says recent inflation readings were 'good'
Fed Chairman Powell says the central bank wasn't sending a negative message by ditching a line about making progress on lowering inflation in its latest statement. "We just did a little bit of ...
Fed definitely not changing 2% inflation goal
There's been talk for several years of the Fed raising its inflation target about its current 2% goal. Chairman Jerome Powell says forget about it. The Fed is conducting its regular five-year review ...
Fed's statement tweaks are a 'more hawkish' way of saying things
A pair of language changes in the Federal Reserve's policy statement is setting the tone in markets, pushing up Treasury yields and the dollar and putting pressure on stocks. At the top of the list, t ...
Powell says he's had no contact with Trump
Fed chief Jerome Powell refused to be drawn into talking about President Trump during his press conference. "I am not going to have any response or comment on what the president said," Powell said.
Fed now has less reason to cuts rates, says economist
Inflation that's "no longer dropping" and employment that's "no longer weakening" give the Federal Reserve less reason to lower interest rates from here, according to Chris Low, chief economist at FHN ...
A Technical Look at Tesla Stock
Tesla stock is usually volatile after earnings. Technical analysts can help fundamentally minded investors work through the ...
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Stock Market Today: Dow Jones Fades As Powell Remarks Loom; Nvidia Falls As Tesla Breaks Key Level (Live Coverage)
Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech ...