The Latest Breaking News from Powell

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.59%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.82%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.31%. Stocks on Friday posted moderate gains, with the S&P...

The dollar index (DXY00 ) on Friday fell by -0.23%. On Friday, the dollar relinquished early gains and posted moderate losses on weak U.S. economic news and dovish Fed-speak. The Nov U.S. ISM manufacturing index contracted more than expected, a dovish factor for Fed policy. Losses in the dollar accelerated...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.50%. Stocks this morning are mixed, with the Dow Jones...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.16%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.26%. Stock index futures this morning are mildly lower on some position squaring ahead of comments later today from Fed Chair Powell that may provide clues as to...

With it being a short week last week and with a lower volume environment, the market did its usual low volume melt up and the S&P 500 finished the week up over 1%.

The late summer correction for stocks is over as we have bounced ferociously from bottom. This is easy to see as the S&P 500 (SPY) keeps leaping over technical hurdles like the 50, 100 and 200 day moving averages. This green light for stocks will stay true as long as…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.51%. Stocks this morning are moderately higher. A decline in...

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are up +0.27%, and Dec Nasdaq 100 E-Mini futures (NQZ2 3) are up +0.17%. Stock index futures this morning are moderately higher on lower bond yields. Also, some positive corporate news is giving stock index futures a lift. The markets are...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.82%. Stocks on Thursday posted moderate losses. Stocks were under...

The dollar index (DXY00 ) Thursday recovered from early losses and ended the day mildly higher by +0.27%. The dollar found support Thursday on hawkish comments from Fed Chair Powell, who said policymakers were “not confident” they had raised interest rates enough to bring inflation back down to the Fed’s...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.63%. This afternoon, Fed Chair Powell spoke at the IMF’s...