All articles tagged with #fed powell
US stocks declined after Fed Chair Jerome Powell signaled cautiousness on rate cuts and highlighted that equities are 'fairly highly valued,' leading to a pullback from recent record highs amid concerns over inflation and valuation levels.
This week in the markets, investors will focus on Fed Chair Powell's speech for insights into future policy, monitor technical signals in high-flying stocks like IonQ and Alibaba for potential corrections, assess Micron's earnings for semiconductor demand, and review retail and housing data to gauge consumer resilience, all amid a backdrop of valuation concerns and economic indicators influencing sector rotations.
This week, key economic data including the jobs report, manufacturing and services indexes, and corporate earnings from Salesforce and Broadcom will influence market expectations for interest rate cuts amid a mixed labor market and ongoing economic uncertainties. The week also features significant earnings reports and economic indicators that could impact the Federal Reserve's monetary policy decisions.
Cryptocurrency prices surged over the weekend, with Ethereum reaching a record high of $4,954, following Fed Chair Powell's hints at possible rate cuts, but quickly reversed due to a 'flash crash' triggered by a large Bitcoin whale offloading 24,000 BTC, leading to significant liquidations and market volatility. Despite short-term declines, institutional support remains strong, and market outlook remains constructive as macro pressures persist.
Dow Jones futures declined slightly amid a volatile week, but the market rallied on Fed Powell's dovish speech, with Nvidia's upcoming earnings being a key focus for potential market direction. Investors are watching for opportunities across sectors, especially in growth stocks and AI-related names, as the market shows signs of recovery and new buy points.
US stocks declined ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole, signaling cautious investor sentiment ahead of potential monetary policy updates.
Futures for major indices remain steady ahead of the Fed's Jackson Hole speech, with Meta and Palantir experiencing declines and Palo Alto Networks rising on earnings. Market focus is on Fed Chair Powell's speech for potential policy signals, amid mixed market performance and ongoing earnings reports from retailers.
Last week, US markets declined due to weak jobs data and new tariffs, with the S&P 500 dropping 2.4%. Key upcoming events include trade talks with China, the ISM Services PMI, and Fed Chair Powell's speech, which could influence market direction. Earnings reports from major companies like Disney and AMD are also in focus, alongside ongoing trade tensions and economic indicators.
Jim Cramer has issued an urgent message to Federal Reserve Chair Jerome Powell following disappointing jobs growth in July, highlighting concerns about the economic outlook.
President Trump publicly disputed a Wall Street Journal article claiming his Treasury Secretary advised him against firing Fed Chair Powell, asserting he knows better what’s good for the market. This comes amid ongoing tensions and Trump’s recent lawsuit against the WSJ over a separate story involving a letter to Jeffrey Epstein. Trump also indicated he might consider firing Powell but has not made a final decision.
Asian stocks remained steady ahead of key tech earnings from TSMC and Netflix, amid market uncertainty over Federal Reserve Chair Powell's future and geopolitical tensions, with mixed responses in currency and bond markets and oil prices rising.
Financial markets are facing uncertainty as President Trump announced new tariffs on the EU and Mexico, prompting concerns about global trade tensions and potential impacts on currencies and US monetary policy, including the possible removal of Fed Chair Jerome Powell.
Major stock indexes showed mixed movements ahead of Fed Chair Powell’s upcoming testimony, with the Dow slightly down and the S&P 500 and Nasdaq up. FedEx fell sharply despite strong earnings, amid uncertainty about future outlooks. Key stocks like Coinbase, Tesla, and Nvidia experienced gains, while others like Circle declined. Investors are advised to watch for volatility and focus on stocks near buy points or with strong technical setups.
The stock market rose as the Dow Jones, S&P 500, and Nasdaq gained amid easing jobless claims and anticipation of the Fed's interest rate decision, with notable moves by Oracle and Circle, while geopolitical tensions and economic data influenced investor sentiment.