The Latest Breaking News from Powell

Stocks Finish Higher on Balanced Comments from Fed Chair Powell

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.07%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.07%. Stock indexes settled mixed on Tuesday, with the S&P 500 and Nasdaq 100 posting...

Barchart · Jul 9, 2024

Is it Time to Buy Small Cap Stocks?

The S&P 500 (SPY) making new record highs is the big headline these days. Unfortunately the small print tells you that the rest of the market is not coming along for the ride. However, Steve Reitmeister sees its time to flip the script and for small caps to finally take…

StockNews.com · Jul 9, 2024

Dollar Firms as Powell’s Comments Boost T-note Yields

The dollar index (DXY00 ) Tuesday rose by +0.13% on higher T-note yields. However, Tuesday’s rally in the S&P 500 to a new record high curbed some liquidity demand for the dollar. Fed Chair Powell said "more good data" would strengthen confidence that inflation is moving down toward the Fed's...

Barchart · Jul 9, 2024

Powell, CPI and Other Can't Miss Items this Week

This week the news is mostly backloaded to the second half of the week with PPI, CPI, and Sentiment all due out as well as bank earnings starting on Friday.

Barchart · Jul 7, 2024

The Spring Doldrums in The Gold Market May Be Changing Soon

Over the past five years, data shows distinct patterns in the seasonality of gold prices. September has consistently been weak, with prices often closing lower than they opened, suggesting a decrease in market confidence or a shift in investment focus. In contrast, due to increased buying, July has shown a…

Barchart · Jul 3, 2024

Stocks Post Moderate Gains as Powell Says Inflation is Receding

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.62%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.01%. Stock indexes Tuesday finished moderately higher. Stocks found support Tuesday from lower bond yields...

Barchart · Jul 2, 2024

Stock Market Today: Stocks Rise as Powell Praises Inflation Progress

Tesla was the best S&P 500 stock Tuesday after the EV maker disclosed its second-quarter deliveries report.

Kiplinger · Jul 2, 2024

Dollar Dips on Dovish Comments from Fed Chair Powell

The dollar index (DXY00 ) Tuesday fell by -0.17%. The dollar on Tuesday moved lower, pressured by a decline in T-note yields. The dollar extended its losses Tuesday based on dovish comments from Fed Chair Powell, who said prices now show signs of resuming their disinflation trend. Losses in the...

Barchart · Jul 2, 2024

The Fed, PMI's and Other Key Things to Watch This Week

This week we have a lot of things to keep an eye on. Earnings season is starting back up, there is a Holiday in the US on Thursday, and finally, there are several pieces of high-profile news to watch out for.

Barchart · Jun 30, 2024

Phil Salt lays down a marker as England thrash West Indies in T20 World Cup

The opener smashed 30 off one over as he and Jonny Bairstow saw England home by eight wickets

The Independent UK · Jun 20, 2024