[ad_1] President Donald Trump renewed criticism of Federal Reserve Chairman Jerome Powell as he championed his economic policies and tariff regime during a Tuesday event to mark his 100th day in office. “Inflation is basically down and interest rates came down despite the fact that I have a Fed person who’s not really doing a…
[ad_1] US stock indices moved in opposite directions on Tuesday as markets digested a trove of earnings reports amid the US-China trade war. At 10:01 AM ET, the Dow Jones Industrial Average rose 113.62 points, or 0.28%, to 40,341.21, the S&P 500 lost 4.50 points, or 0.08%, to 5,524.25 and the Nasdaq Composite lost 30.26…
[ad_1] Wall Street investors in the week ahead will have plenty of economic data and quarter results from four of the seven magnificent companies. Amid uncertainty over tariffs battle between the United States and China, market participants will closely watch key economic data including GDP numbers for first quarter, consumer spending for March, Federal Reserve’s…
[ad_1] Cautious optimism markets may stabilize after sharp volatility But trade deal hopes may not last long Perceived Fed’s flexibility on rate cuts helps push yields lower Yield curve ‘bull-flattens’ on cloudy economic outlook (Adds analyst comments, economic data, graphic; updates market levels) NEW YORK, April 25 (Reuters) – U.S. Treasury yields declined on Friday…
[ad_1] NEW YORK (Reuters) -Major stock indexes rose on Thursday, with technology shares leading Wall Street higher as investors awaited further developments on the U.S.-China trade conflict, while the dollar slipped after recent gains. Quarterly results from some top tech-related companies are still due in the coming days, with Alphabet, up 1.9%, expected to report…
[ad_1] US stock indices opened lower on Monday after President Donald Trump’s renewed attacks against Federal Reserve Chair Jerome Powell sparked concerns about the central bank’s independence. At the opening bell, the Dow Jones Industrial Average fell 236.2 points, or 0.60%, to 38,906.04. The S&P 500 fell 49.8 points, or 0.94%, to 5,232.94​, while the…
[ad_1] (Adds further Hassett comments, context) WASHINGTON, April 18 (Reuters) – White House economic adviser Kevin Hassett said on Friday that President Donald Trump and his team were studying the matter when asked if firing Federal Reserve Chair Jerome Powell was an option. “The president and his team will continue to study that matter,” Hassett…
[ad_1] US stock indices opened sharply higher on Monday, with the tech-heavy Nasdaq climbing over 2%, as investors cheered the White House’s move to exempt smartphones and computers from tariffs. At the opening bell, the Dow Jones Industrial Average rose 333.4 points, or 0.83%, to 40,546.15. The S&P 500 rose 78.6 points, or 1.47%, to…
[ad_1] After wild swings in recent trading sessions on Wall Street and global markets, driven by the chaos of US President Donald Trump’s multi-front trade war, investors in the week ahead will closely track the economic developments. The United States and China’s escalating tariff battle has raised fears of an enduring trade war between the world’s…
[ad_1] The yield on the benchmark Treasury 10-year note rose almost one-half percentage point this past week to 4.49% in often chaotic trading that former Treasury Secretary Larry Summers likened to an occurrence in an emerging market country. The 30-year Treasury came close to 5% on Friday before pulling back to a 4.9% yield. The…
