Stocks Sink After Being Yanked by Powell Comments

Jerome Powell, chairman of the Federal Reserve, said that higher interest rates will likely be required for a long time to contain inflation.

Stocks ultimately sank Thursday after being whipsawed by remarks from Federal Reserve Chair Jerome Powell. Powell’s comments jostled markets as investors were weighing bond yields’ ascent toward 5%, the continuing conflict between Israel and Hamas, and the influx of corporate earnings results from the third quarter.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

U.K. stocks continue losing streak, sink for second daySupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Japanese stocks climb for second day as Hong Kong stocks dropSupported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

Chinese EV makers sink tracking disappointing Tesla Q3 earningsChinese EV makers sink tracking disappointing Tesla Q3 earnings
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Tesla shares sink 6% following earnings report, cautious commentary from Elon MuskShares of Tesla fell Thursday after the electric automaker released third-quarter results that missed on top and bottom lines.
Fuente: nbcchicago - 🏆 545. / 51 Leer más »