Stocks retreat after Powell delivers cautious message: Stock market news today

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Stocks reversed lower Friday morning after Fed Chair Jerome Powell said the central bank is 'prepared to raise rates further.'

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023. -- The drop in US stocks on Thursday despite a bumper report from Nvidia Corp. shows the rally this year is “exhausted” and portends more declines to come, according to Morgan Stanley’s Michael Wilson.

Open Society Foundations plan to significantly curtail their work in Europe and lay off much of their staff on the continent, the foundations' leaders told staff in Berlin, according to an internal email and several current employees, who say the decision is painful and perplexing.

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Asia Stocks to Follow US Drop Before Powell Speech: Markets WrapAsian stocks were set to follow a selloff on Wall Street, with bond yields rising as traders comb through remarks from a slew of Federal Reserve officials and await Jerome Powell’s speech for clues on the interest-rate outlook.
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US stocks tumble as Nvidia-led rally fizzles ahead of Powell's Jackson Hole speechIndexes dropped despite Nvidia stock hitting an all-time high after the chipmaker's blowout second-quarter earnings report.
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Stock market today: Wall Street is higher ahead of speech by Fed’s PowellNEW YORK (AP) — Stocks are rising in early trading, but investors will be closely watching a speech by the Federal Reserve Friday morning. The S&P 500 was 0.4% in the early going, coming off its worst loss in three weeks.
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Trading Game Plan: Trade the Jerome Powell speech, NVDA earnings levels, bank stocks signal nasty collapse(Kitco News) - In todayâ??s action-packed session of the Game Plan LIVE on YouTube, Gareth Soloway will offer a full overview of key charts and data sets across all markets.
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Stocks sink, dollar climbs as risk of hawkish Powell loomsBy Kevin Buckland TOKYO (Reuters) - Asian stocks sold off and the dollar scaled an 11-week peak against major peers on Friday, as investors braced for ...
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Stocks Struggle in Cautious Trading Before Powell: Markets Wrap(Bloomberg) -- European stocks and US futures struggled for direction as a cautious tone dominated markets before a speech from Federal Reserve Chairman Jerome Powell that will be studied for clues on the interest-rate outlook.Most Read from BloombergNYC’s Most Exciting New Fine Dining Restaurant Is in a Subway StationMore People Call in Sick on August 24 Than Any Other DayNasdaq 100 Drops 2% as Yields Rise Before Powell: Markets WrapTrump Surrenders in Georgia on 2020 Election Probe ChargesModi
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