The Latest Breaking News from Jerome Powell

September S&P 500 E-Mini futures (ESU24) are up +0.39%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.52% this morning as investors increased their bets on Donald Trump winning the U.S. presidential election following an assassination attempt, with the focus shifting to Wall Street’s earnings season, key economic data…

Analysts have warned that Trump's plans to impose across-the-board tariffs, extend tax cuts, and limit immigration will be inflationary.

Smaller stocks are starting to outperform larger stocks this month.

The JPMorgan Chase CEO also warned that geopolitical instability could present future risks.

Small caps and much of the market soared on tame CPI inflation data, while the extended Nasdaq sold off.

The Federal Reserve is likely to cut rates at least twice this year. S&P 500 futures were flat after producer price index data.

After the recent CPI numbers were released, investor sentiment indicated an 85% likelihood of a rate cut at the Federal Reserve's September meeting, up from approximately 70% the prior trading session. This expectation shift has boosted the appeal of gold, as declining interest rates make gold more attractive. Following the…

Since the S&P 500's inception in 1957, there have been 16 presidential elections, half of which had incumbents running for their second terms.

An inflation surprise has markets rethinking the timing of interest rate cuts.

US inflation cooled more than expected in June, government data showed Thursday, a positive development for President Joe Biden as he fights to win confidence on his economic record in his reelection bid.

September S&P 500 E-Mini futures (ESU24) and September Nasdaq 100 E-Mini futures (NQU24) reversed earlier losses this morning as a crucial U.S. inflation reading came in cooler than expected, clearing the way for Federal Reserve interest rate cuts later this year.