News Formal

U.S. stocks struggle for direction after Fed Chair Powell speech in Sweden

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

U.S. stocks were struggling for direction soon after the opening bell Tuesday, following Federal Reserve Chair Jerome Powell's speech in Sweden amid investor...

U.S. stocks were struggling for direction soon after the opening bell Tuesday, following Federal Reserve Chair Jerome Powell's speech in Sweden amid investor concern over inflation and economic slowdown.

The Dow Jones Industrial Average DJIA, +0.17% and S&P 500 SPX, +0.14% and Nasdaq Composite COMP, +0.17% were trading about flat, according to FactSet data, at last check. Powell spoke Tuesday at the Sveriges Riksbank International Symposium on Central Bank Independence in Stockholm.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

USD/CHF rebound from 0.9200 amid caution in market mood, Fed Powell’s speech eyedThe USD/CHF pair has sensed buying interest after dropping to near the round-level support of 0.9200 in the early Asian session. Earlier, the Swiss fr
Source: FXStreetNews - 🏆 14. / 72 Read more »