Stock market news today: Stocks lose steam as Wall Street puzzles over Fed

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Eyes are on Fed Chair Jerome Powell's second appearance this week as policymakers send mixed messages on strategy.

Wall Street stock futures were broadly unchanged on Thursday, as investors kept an eye on Federal Reserve policymakers for more clues to interest-rate strategy after a series of mixed messages.The market will watch for Jerome Powell to let slip any clues to the chance of a rate cut when he speaks later, after the Fed chair stayed quiet on monetary policy at his appearance Wednesday.

CALGARY — Suncor Energy Inc. says it earned a profit of $1.54 billion in the third quarter of 2023, compared to a net loss of $609 million in the prior year's quarter. The Calgary-based energy giant says its earnings work out to $1.19 per share, compared to a loss of 45 cents per common share in the same three months of 2022. On an adjusted basis, Suncor earned $1.98 billion or $1.52 per common share in the third quarter of 2023, compared to $2.57 billion or $1.

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:

 /  🏆 47. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Stock market news today: Stocks extend win streak as investors cling to Fed rate excitementInvestors are weighing whether the Fed is really done hiking as policymakers speak out.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Stocks tread water with Fed's Powell on deckInvestors are on high alert for Chair Jerome Powell's comments after several hawkish Fed speakers put a check on spirits.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Stocks tread water after week long rallyInvestors digested corporate earnings as stocks looked to extend their longest stretch of daily gains in about two years.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Wall Street drifts in early tradingNEW YORK (AP) — Stocks are still stuck on pause as Wall Street continues to recalibrate following its sharp recent swings. The S&P 500 was up 0.2% early Wednesday and on track for a third straight day of quiet trading.
Source: SooToday - 🏆 8. / 85 Read more »

Stocks are getting punished more than usual for missing Wall Street estimatesStocks that miss Wall Street's earnings per share estimates are having their worst two-day price reaction since 2011.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stocks stutter as spotlight turns to Fed chief, oil under pressureKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »