Archive List for Jerome Powell

Stocks pop amid upbeat Wall Street results: Stock market news today |July 14, 2023

#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto To get the latest market news check out finance.yahoo.com Stocks rose at the open Friday as upbeat results from JPMorgan (JPM) and Wells Fargo (WFC) lifted those big banks’ stocks. Banks helped lift the Dow Jones Industrial Average (^DJI), which added about 0.5% as quarterly earnings from Wall Street names started rolling in. The S&P 500 (^GSPC) was up 0.25%, while the tech-heavy Nasdaq (^IXIC) was up around 0.3%. Investors were weighing quarterly updates from the financial sector, with the focus on any signs of impact from this spring’s bank failures and the subsequent draining […]

Fed aims to strike tone of being ‘vigilant on inflation’ after June pause: Strategist

#yahoofinance #fed #inflation The latest FOMC meeting minutes could hint at how the Fed continues to hike interest rates, all while the June jobs report is expected out this Friday. Annex Wealth Management Chief Economist and Strategist Brian Jacobsen joins Yahoo Finance Live to discuss the outlook for future interest rates in conjunction with U.S. manufacturing data and recession risks. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you […]

Jobs report: What to watch ahead of Fed’s July meeting

#wages #fed #jobsreport #yahoofinance The June jobs report showed hourly wages up 4.4%, compared to an expected 4.2%. What does this mean for the future of the Federal Reserve’s rate hikes? Threadneedle Partner and Founder Ann Berry, TKer.co Editor Sam Ro, and Yahoo Finance’s Myles Udland and Seana Smith break down how the report may impact future rate hikes and the potential earnings recession. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus […]

Jobs report: Is it likely to change Fed’s rate hike decision?

#fed #interestrates #jobsreport #yahoofinance Could June’s jobs data change or even dissuade the Fed’s plans for future interest rate hikes? Yahoo Finance Live co-hosts Rachelle Akuffo, Diane King Hall, and Seana Smith review this morning’s jobs report and how it could influence the Fed’s hiking cycle. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas […]

Jobs reaction: Expect Fed rate hike in July, says economist

#fed #fedmeeting #jobsreport #yahoofinance The June jobs report came in lower than expected, with nonfarm payrolls at 209,000. S&P Global Economist Paul Gruenwald joins Yahoo Finance Live to discuss the report and his expectations for July’s Fed rate hike meeting. Gruenwald expects another rate hike in July and that rate hikes will remain higher for longer. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with […]

June jobs report: Instant reaction as payrolls slow to 209K

#jobsreport #fed #yahoofinance June nonfarm payrolls slow to 209,000, marking 30 months of growth. Stephanie Roth, J.P. Morgan Private Bank Senior Markets Economist, and Dana Peterson, The Conference Board Chief Economist, join Yahoo Finance Live to break down the June jobs report and how the numbers could affect the Fed’s July interest rate decision. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover […]

Fed’s June pause is going to be a mistake: Economist

#fed #inflation #jobs Is strong employment data a bad sign for the Fed? Chris Rupkey, FWDBONDS Chief Economist, joins Yahoo Finance Live to discuss the state of the economy, Fed funds rate, inflation, jobs data, and concerns that June’s hawkish pause is going to be a mistake. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment […]

Stocks fall amid China headwinds with eyes on Fed minutes: Stock market news today | July 5

Stocks fell Wednesday during midday trading, as traders returning from the Independence Day break eyed headwinds for the global economy and await for the release of Federal Reserve minutes from the last policy meeting. The S&P 500 (^GSPC) was down 0.1%, while the Dow Jones Industrial Average (^DJI) slipped by around 0.2% or about 100 points. The tech-heavy Nasdaq Composite (^IXIC) fell 0.2%. To get the latest market news check out finance.yahoo.com #yahoofinance #stockmarket #stockmarketnews #livestream #live #finance #financetips #financenews #us #china #business #businessnews #fed #federalreserve #stocks

Why the Fed should have hiked in May and gone away, strategist explains

#yahoofinance #fed #fedratehike #inflation With the Federal Reserve’s recent “hawkish pause,” many are left wondering what the future of rate hikes will look like. Kevin Mahn, Hennion & Walsh CIO, joins Yahoo Finance Live to discuss how future Fed rate hikes may impact the economy. Mahn also discusses important themes for investors in the second half of 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to […]

Micron earnings, stocks shrug off Powell, bank stress tests: Top stories

#yahoofinance #powell #micron #banks Yahoo Finance Live breaks down the morning’s top stories, including: Micron’s shares are rising after the memory chipmaker posted third quarter results that were stronger than analysts had been expecting. Stocks are set to open higher despite Federal Reserve Chairman Jerome Powell’s hawkish comments. Finally, all 23 banks required to take the Fed’s annual stress test passed, indicating they would survive a severe recession. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription […]