Jerome Powell

5 things to know before the stock market opens Thursday
Business

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures rebound after the Dow’s worst session in weeks Traders on the floor of the NYSE, March 21, 2022. Source: NYSE U.S. stock futures rose Thursday as NATO leaders were trying to find ways to pressure […]

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5 things to know before the stock market opens Wednesday
Business

5 things to know before the stock market opens Wednesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop, a day after Wall Street had resumed its upswing Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters 2. Moderna […]

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Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%
World

Japan’s Nikkei 225 rises more than 2% as SoftBank Group shares surge 8%

SINGAPORE — Shares in Japan led gains in Asia-Pacific during Wednesday morning trade, as investors monitored oil prices and continued to assess the outlook for U.S. Federal Reserve monetary policy. The Nikkei 225 rose 2.59% as shares of SoftBank Group jumped 8.03%. The Topix index advanced 1.98%. In Hong Kong, shares of Xiaomi surged 5.49% […]

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Stock futures are steady as investors juggle Fed comments and policy
World

Stock futures are steady as investors juggle Fed comments and policy

Traders on the floor of the NYSE, March 17, 2022. Brendan McDermid | Reuters U.S. stock futures were little changed in overnight trading on Tuesday as investors continue to digest revelations from the Federal Reserve on inflation and interest rates. Dow futures fell just 11 points. S&P 500 futures dropped 0.03% and Nasdaq 100 futures […]

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The bond market is stoking the debate that a recession is coming, but it may not be
World

The bond market is stoking the debate that a recession is coming, but it may not be

The bond market is signaling a higher chance of recession at the same time it is pricing in more Federal Reserve interest rate hikes. Source

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5 things to know before the stock market opens Tuesday
Business

5 things to know before the stock market opens Tuesday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks higher after breaking multiday win streaks Traders on the floor of the NYSE, March 18, 2022. Source: NYSE 2. Ukraine retakes Kyiv suburb; Biden says Putin ‘against the wall’ Service members of the Ukrainian […]

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Japan’s Nikkei 225 rises more than 1%; Fed’s Powell vows tough action on inflation
World

Japan’s Nikkei 225 rises more than 1%; Fed’s Powell vows tough action on inflation

Fed watch Fed Chair Powell said Monday that inflation is “much too high,” with the central bank set to “take the necessary steps to ensure a return to price stability.” “In particular, if we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points […]

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Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address
Finance

Powell says ‘inflation is much too high’ and the Fed will take ‘necessary steps’ to address

U.S. Federal Reserve Chairman Jerome Powell addresses an online only news conference in a frame grab from U.S. Federal Reserve video broadcast from the Federal Reserve building in Washington, U.S., January 26, 2022. U.S. Federal Reserve | via Reuters Federal Reserve Chairman Jerome Powell on Monday vowed tough action on inflation, which he said jeopardizes […]

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5 things to know before the stock market opens Monday
Business

5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after best week since November 2020 Traders on the floor of the NYSE, March 18, 2022. Source: NYSE U.S. stock futures were little changed Monday after strong gains last week that saw the […]

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Investors come off a strong week looking for more gains now that they have some clarity from the Fed
World

Investors come off a strong week looking for more gains now that they have some clarity from the Fed

Traders work on the floor of the New York Stock Exchange (NYSE) on February 04, 2022 in New York City. Spencer Platt | Getty Images With the Federal Reserve’s first rate hike out of the way, market pros are now debating whether the market can continue the upswing it started in the past week. A […]

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