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Stocks hover at session lows in final hour of trading after Fed's Powell says no decision made yet on September cut
The stock market has reversed course pretty quickly. The three major stock indexes were trading at their session lows as of 3 p.m. Eastern after Fed Chair Jerome Powell said no decision has been made yet on whether policymakers will cut interest rates in September.
Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict
MSCI's global equities gauge stumbled on Wednesday while the U.S. dollar extended gains after Federal Reserve chair Powell dampened investor hopes for an interest rate cut in September, saying that it was too soon to make a decision and copper prices tumbled on hefty U.
Federal Reserve Chair Jerome Powell will announce the central bank's latest interest rate decision and deliver remarks on ...
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Stock indexes are hovering near record highs ahead of the testimony of Fed Chair Jerome Powell. Later this week, CPI inflation data will also help determine where interest rates are headed ...
Article Summary Hasbro reissuing rare Marvel Legends X-Men figures, including 2019's Professor X with Hover Chair With X-Men 97's popularity, fans eager to complete their X-Men teams can rejoice ...
LONDON (Reuters) - A "Star Wars" inspired hover chair, a speedy electric motorbike and stereo speakers that cost as much as a small house are among the attractions at Britain's biggest gadget show ...
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