US stocks were a mixed bag on Wednesday as investors digested commentary from the Federal Reserve chair Jerome Powell after the central bank held interest rates steady at its latest policy meeting. The S&P 500 and the Nasdaq Composite fell more than 0.3%, while the Dow Jones Industrial Average rose 0.2%. All three indexes flipped from significant gains late in the volatile session.
" Those gains teetered off in the final hour of trading. Corporate earnings were in focus for investors, as well. Disappointing results from chipmaker AMD and server maker Super Micro Computer took the shine off hopes for an AI-fueled boost to the sector. AMD shares sank nearly 10% while Super Micro fell 14%. The news weighed more broadly on chipmakers like Nvidia , which closed down about 4%.
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Stock market today: Stocks rally after Fed decision as Powell soothes rate nervesFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Stock market today: S&P 500 futures slide with Fed's Powell in the spotlightFed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Markets today: U.S. stocks and bonds climb as Powell downplays hikesStocks joined gains in bonds after the Federal Reserve decision was not as hawkish as feared by Wall Street, with Jerome Powell saying it’s unlikely the next move will be a rate hike.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
Stock market today: Dow leads markets higher as earnings roll in, Powell comments on inflationStocks eyed a broader comeback from a steep sell-off as investors digested results from Bank of America and other heavyweights.
منبع: YahooFinanceCA - 🏆 47. / 63 ادامه مطلب »
Markets today: stocks, bonds gain on Powell rate-cut reassuranceStocks rose and Treasury yields pulled away from four-month highs after Federal Reserve chief Jerome Powell reaffirmed the central bank is on track to cut interest rate cuts this year.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »
Markets today: U.S. stocks rise as Powell sticks to wait-and-see toneStocks rebounded after a two-day drop, with Jerome Powell reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts.
منبع: BNNBloomberg - 🏆 83. / 50 ادامه مطلب »