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Fed’s Warsh taps broad group of Fed outsiders to oversee review
Five task forces will review the U.S. central bank's operations, including impact of artificial intelligence.
Fed’s Williams expects energy prices to abate even as Iran war flares
New York Federal Reserve President John Williams doesn't expect sustained rise in energy prices.
S&P 500 ends down after Trump says Iran deal is ‘over’
The S&P 500 ended lower after President Donald Trump declared the Iran deal over, while Broadcom and chip stocks gained amid market volatility.
Nasdaq ends lower with tech; investors assess softer jobs data
Nasdaq declined as technology shares dropped following a softer US jobs report that eased expectations for a Federal Reserve interest rate hike.
US job growth slows in June; unemployment rate falls to 4.2% amid decline in labor force
U.S. job growth slowed in June with payrolls rising 57,000 and unemployment rate dropping to 4.2% due to labor force decline, signaling a cooling labor market.
Wall Street ends lower as tech shares slip
Wall Street ended lower with tech shares slipping, while Meta Platforms rallied on plans to expand its cloud AI business amid cautious investor sentiment.
S&P 500, Nasdaq post best quarter since 2020 despite Iran war
June 30 (Reuters) – The S&P 500 and Nasdaq finished out the quarter with their biggest quarterly gains since 2020 as investors remained upbeat about economic and earnings growth even amid the Middle East conflict. The indexes ended higher for the day as well on Tuesday, with technology among the biggest sector gainers in the […]
US Supreme Court rejects Trump’s unprecedented bid to fire Fed’s Cook
The U.S. Supreme Court blocked Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook, preserving the Fed's independence from presidential removal.
Wall St ends mixed as tech megacap declines outweigh upbeat chip outlook
Wall Street closed mixed with Nasdaq down on tech megacap losses despite strong chip sector gains from Micron and Qualcomm amid inflation concerns.
Nasdaq, S&P end lower as tech stocks fall
The Nasdaq and S&P 500 closed lower due to tech stock declines amid valuation concerns, while the Dow rose supported by airlines and travel stocks.
S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
The Nasdaq and S&P 500 closed lower due to semiconductor stock losses amid concerns over debt-funded AI spending and a hawkish Federal Reserve outlook.
Stocks flat, oil falls as rate worries offset Iran talks optimism
Global stocks were mostly flat and oil prices fell as optimism over U.S.-Iran talks was offset by expectations of higher interest rates and rising U.S. Treasury yields.
