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The Latest Breaking News from Powell

Dollar Slips and Gold Gains on Dovish Comments from Fed Chair Powell

The dollar index (DXY00 ) this morning is down -0.14% at a 1-week low. The dollar today is mildly lower, weighed down by the strength of the euro. The dollar extended its losses after Fed Chair Powell said he doesn’t see the Fed’s next move as a rate hike. US...

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Stocks Mixed as US PPI Report Signals Sticky Price Pressures

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.02%. US stocks this morning are mixed after US Apr core producer prices rose...

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New Twisters trailer sees Glen Powell and Daisy Edgar-Jones go to war against not one but two tornadoes

Hold onto your hat

Total Film

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Stock Alert: Sell in May for Real This Year?

The summer marks a typically weak time for the stock market. That is why investors love to say “Sell in May and Go Away”. However, it appears that weakness started in April this year with the S&P 500 (SPY) pulling back from recent highs. At this time the focus is…

StockNews.com

IPL 2024: Brilliant Bhuvneshwar Kumar helps SRH clinch thriller against Rajasthan Royals

Sunrisers hold nerve at the death as Royals fall one run short

The Times of India

Narrowest win & most sixes in an innings: Records set during Sunrisers Hyderabad vs Rajasthan Royals IPL thriller

NEW DELHI: Sunrisers Hyderabad clinched an improbable one-run win against the league leaders Rajasthan Royals in a thrilling IPL match on Thursday. With two runs needed off the last delivery, Bhuvneshwar Kumar trapped Rajasthan's Rovman Powell lbw as he missed a full toss.

The Times of India

Strength in Chips Stocks Leads the Overall Market Higher

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.91%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.29%. US stock indexes settled moderately higher on Thursday. A +9% surge in Qualcomm led...

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Dollar Falls with Bond Yields

The dollar index (DXY00 ) on Thursday fell to a 2-1/2 week low and finished down by -0.40%. The dollar was weighed down Thursday by a decline in T-note yields. Also, Thursday’s stock rally reduced the liquidity demand for the dollar. In addition, the dollar had a negative carryover from...

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Stocks Higher on Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) is up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.76%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.35%. US stock indexes are higher. Optimism in the economic outlook is lifting stocks today. Stocks...

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Stocks Moderately Higher on Economic Optimism

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.33%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.41%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.49%. US stock indexes this morning are moderately higher. Optimism in the economic outlook...

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Dollar Recovers and Gold Falls as T-Note Yields Climb

The dollar index (DXY00 ) this morning is up by +0.12%. The dollar recovered from early losses today and moved higher as T-note yields rose after today’s US economic reports showed weekly jobless claims rose less than expected and Q1 unit labor costs rose more than expected, hawkish factors for...

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Stocks Rebound Ahead of Apple’s Earnings

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.51%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.39%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.75%. US stock indexes this morning are climbing on positive carryover from Wednesday when...

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Stocks Pressured on the Prospect of Higher for Longer Interest Rates

The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.34%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.70%. US stock indexes Wednesday settled mixed. Stock prices whipsawed higher Wednesday afternoon after bond...

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Dollar Slides and Gold Jumps as Powell Downplays a Fed Rate Hike

The dollar index (DXY00 ) Wednesday retreated from a 2-week high and fell by -0.35%. The dollar today gave up early gains and turned lower as bond yields dipped from weaker-than-expected US economic news on Mar JOLTS job openings and the Apr ISM manufacturing index. Losses in the dollar accelerated...

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Broader Market Mostly Lower Ahead of an Expected Hawkish FOMC

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.20%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.40%. US stock indexes this morning are mixed. The broader market is under pressure...

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Dollar Slightly Weaker as Bond Yields Dip Before the FOMC Meeting

The dollar index (DXY00 ) this morning fell back from a 2-week high and is down -0.05%. The dollar today gave up early gains and turned lower as bond yields dipped from weaker-than-expected US economic news on Mar JOLTS job openings and the Apr ISM manufacturing index. The dollar today...

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Stocks Mixed Ahead of Today’s FOMC Decision

The S&P 500 Index ($SPX ) (SPY ) this morning is down -0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.31%. US stock indexes this morning are mixed. The broader market is under pressure...

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Stocks Sink on Concern the Fed Will Keep Interest Rates Higher for Longer

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.49%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.92%. US stock indexes Tuesday finished sharply lower. Signs of persistent wage pressure pushed bond...

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Total Film

Top Gun: Maverick’s Glen Powell stars in trailer for Netflix movie with near-perfect Rotten Tomatoes score, and it’s now become one of my most-anticipated 2024 films

School of Rock’s Richard Linklater directs

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Stocks Close Mixed on Hawkish Fed Comments

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.04%. US stock indexes settled mixed, with the S&P 500 falling to a 1-3/4 month...

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Dollar Gains on Hawkish Fed Commentary

The dollar index (DXY00 ) Tuesday recovered from early losses and finished up +0.07%. The dollar posted a 5-1/2 month high Tuesday based on hawkish Fed comments. Fed Chair Powell, San Francisco Fed President Daly, and Fed Vice Chair Jefferson said if inflation remains elevated, the Fed will hold interest...

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Shifting Sands: Reevaluating Fed Policy Amidst Unchanging Economic Landscape

Despite minimal changes in economic indicators, there's a shifting perception regarding the Fed's monetary policy. While Central Banks plans hint at interest rate cuts, uncertainty looms over the timing, both domestically and internationally, especially with fluctuations in investor sentiment influenced by recent employment data. Perhaps the Fed had it right…

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Dollar Slower Lower Ahead of Friday’s Monthly US Payroll Report

The dollar index (DXY00 ) on Thursday fell by -0.10% and posted a 2-week low. The dollar had a negative carryover from Wednesday when Fed Chair Powell stated it would be appropriate for the Fed to cut interest rates “at some point this year.” The dollar fell to its lows...

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Broader Market Gains as Chip Stocks Rally and Bond Yields Decline

The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.67%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.77%. Stocks are higher today on positive carryover from Wednesday when Fed Chair Powell...

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Dollar Slips on Lower Bond Yields and Stronger Stocks

The dollar index (DXY00 ) this morning is down by -0.28% at a 2-week low. The dollar has a negative carryover from Wednesday when Fed Chair Powell stated it will be appropriate for the Fed to cut interest rates “at some point this year.” Losses in the dollar accelerated today...

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