US stocks rallied sharply on Wednesday, witnessing fresh buying and extending the daily rally as Jerome Powell signalled a slowdown in the pace of tightening as early as December while indicating more hikes to fight inflation. The dovish comments from …
US stocks edged lower on Tuesday, regaining upside traction and paring most of their daily losses with traders unwilling to make big bets ahead of Jerome Powell’s speech Wednesday. Jerome Powell is expected to cement expectations the Fed will slow …
US stocks declined sharply on Monday, witnessing heavy selling and were dragged down by safe-haven demand as investors were concerned about a global slowing economy and the spread of coronavirus in China. Investors’ sentiment soured as Federal Reserve officials stressed …
US stocks were little changed on Friday, having a shortened trading session following the US Thanksgiving holiday amid the prospect of the Federal Reserve moderating the pace of its policy tightening. Investors’ sentiment was boosted this week after the Federal …
US markets were closed due to the Thanksgiving holiday on Thursday, meanwhile, trading volumes are lower due to the holiday with no cash US equity market trading. The Meeting Minutes from the Fed earlier this month indicated several officials backed …
US stocks advanced higher on Wednesday, preserving their upside momentum and ended the session higher after the Federal Reserve’s latest meeting minutes showed most officials backing slowing the pace of interest-rate hikes soon. Investors’ market mood improved as the Federal …
US stocks rebounded sharply on Tuesday, regaining upside momentum and ending their previous slide as investors adjusted their expectations in response to Federal Reserve officials indicating that they’ll continue to raise interest rates but are open to slowing their tempo. …
US stocks dropped lower on Monday, witnessing some downside traction and dropped as investors parsed comments from Federal Reserve officials who broadly remained steadfast in their fight against inflation. Investors are closely watching what Fed speakers say about the outlook …
US stocks advanced higher on Friday, regaining upside momentum and ended with a slight gain for the day after shrugging off Federal Reserve warnings that there was more policy tightening to come. Treasury yields rose again after hawkish comments from …
US stocks declined lower on Thursday, continuing their downside momentum and dropping for a second day as Federal Reserve officials are likely to remain persistent in their fight against inflation and warned of more pain to come. Fed speakers in …
