Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on ...
Tech stocks have led the losses this afternoon as investors reassess the outlook for Fed policy following Powell's speech, says Chris Beauchamp, Chief Market Analyst at online trading platform IG.
The dollar index is staying largely unchanged in early Asian hours on Wednesday awaiting further clarity on Federal rate stance from the upcoming US ADP jobs and non farms data this week. Data ...
Stock market today: S&P 500 closes lower halting record run as payrolls loom By Investing.com - Dec 05, 2024 13 Investing.com-- The S&P 500 fell Thursday, halting three straight days of closing ...