wall street powell news

Wall Street, Jerome Powell

Wall St Indexes End Lower After Powell Erodes Hopes for December Rate Cut

(Reuters) -Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate cut this year by saying the U.S. central bank need not rush to ease monetary policy.

Reuters on MSN · 23h

Wall St sinks on Powell rate-cut caution, Trump cabinet picks

Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns about slower interest-rate cuts and as investors reacted to cabinet picks by U.

gulftoday · 15h

Wall Street loses ground as Powell urges caution on interest rate cuts

Wall Street’s main indexes tumbled on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts, pushing up

Elon Musk, Wall Street

Business Insider on MSN · 1d

The fight over Jerome Powell puts Elon Musk at odds with Wall Street

The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters told BI.

CNN on MSN · 1h

Elon Musk wants Trump to disrupt Wall Street with his Treasury pick

As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as usual” on Wall Street.

The Financial Times · 3h

Elon Musk backs Howard Lutnick as agent for ‘change’ at US Treasury

Your guide to what the 2024 US election means for Washington and the world Elon Musk has thrown his support behind Howard Lutnick over fellow Wall Street investor Scott Bessent in the race to be Donald Trump’s new Treasury secretary,

Wall Street struggles for direction after in-line monthly producer prices

Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.

Asia markets poised to climb after Wall Street falls on Fed Chair Powell's comments; China data in focus

China will release a slew of economic data, including retail sales and its urban unemployment rate for October.

1don MSN

Stock futures slip, Wall Street on track to end week lower after big post-election rally

U.S. stock index futures on Friday pointed to a lower open, and Wall Street was headed for a weekly loss. Read more here.

Tesla, Bitcoin retreat, Wall Street eyes Powell speech: Yahoo Finance

Bitcoin (BTC-USD) and Tesla (TSLA) are giving back some gains on Thursday after the election of President-elect Donald Trump ...

Wall Street edges higher at the open after PPI data

Wall Street's main indexes edged higher at the open on Thursday after a broadly in line reading of producer prices data, with ...

Dow Falls 200 Points. Wall Street Lowers Rate-Cut Expectations.

The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...

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