Wall Street Turns Red, Dollar Dips as Fed Chairman Powell Warns of Persistent Inflation

[ad_1] Last Updated: May 19, 2023, 23:46 IST Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, March 22, 2023, in Washington. (AP Photo) All three major U.S. stock indexes turned red as Powell said the central bank has not made any decisions about whether rates are “sufficiently … Read more

US Treasury Tields Dip as Investors Grow Jittery About Debt Ceiling Deadline; Megacaps Weigh on Nasdaq

[ad_1] Last Updated: April 25, 2023, 01:14 IST European stocks closed essentially unchanged ahead of potentially market-moving earnings reports, which include a stream of European banks aside from U.S. megacaps.(Representative image) Earnings this week include a spate of potential market movers, including tech and tech-adjacent Alphabet Inc, Microsoft Corp, Meta Platforms Inc and Amazon.com Wall … Read more