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S&P 500 ends up slightly as tech dips, inflation cools
U.S. consumer prices increased less than expected in January, prompting traders to slightly raise the chance of a 25 basis point interest-rate cut in June.
S&P 500, Nasdaq dip with economic data, earnings in focus
Feb 10 (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday as investors digested disappointing retail sales figures and waited for a key labor market report. The S&P 500 communication services sector was weighed down by Alphabet shares after Google’s parent said it sold bonds worth $20 billion. The announcement came as […]
US weekly jobless claims increase more than expected
Weekly U.S. jobless claims rose more than expected, likely driven by snowstorms, while the labor market remained stable.
US Senator Scott, facing block on Fed chair nominee, says Powell is not a criminal
Sen. Tim Scott said Fed Chair Jerome Powell did not break the law, pushing back on a DOJ probe tied to Fed testimony.
Trump calls rate questions on Fed nominee Warsh inappropriate, confident on cuts
Trump said it would be inappropriate to press Fed chair nominee Kevin Warsh on rate cuts but said he favors lower borrowing costs.
Trump picks former Fed official Warsh to run Fed
Trump nominated former Fed governor Kevin Warsh to succeed Jerome Powell, raising questions about Fed independence and rates.
Stocks retreat from record high, dollar higher after Fed keeps rates steady
NEW YORK, Jan 28 (Reuters) – Global stocks were on pace to snap a five-session streak of gains on Wednesday, while the U.S. dollar held on to gains after the Federal Reserve kept rates steady, as widely expected. In keeping rates unchanged, the Fed cited still-elevated inflation alongside solid economic growth, and gave little indication […]
Fed leaves rates unchanged, sees ‘elevated’ inflation and stabilizing job market
The Federal Reserve held interest rates at 3.50%–3.75%, citing elevated inflation and steady growth, with little guidance on future cuts.
Wall Street indexes close higher ahead of earnings, Fed meeting
Jan 26 (Reuters) – The S&P 500 and the Nasdaq advanced for a fourth consecutive session on Monday, as investors geared up for a slew of mega-cap earnings and a Federal Reserve update on interest rate policy later this week. Both indexes hit their highest levels in more than a week and registered their longest […]
Dimon warns credit card rate cap would be ‘disaster’
JPMorgan CEO Jamie Dimon says Trump’s proposed 10% credit card rate cap would slash access to credit and hurt consumers.
Wall Street rises as bank earnings, chip stocks rally
U.S. stocks rose as strong results from Goldman Sachs and Morgan Stanley lifted banks and TSMC boosted chipmakers.
US biotech sector poised for 2026 rebound as IPO interest revives
Investors see a potential biotech rebound in 2026 as IPO activity, dealmaking and lower rates offset lingering policy risks.
