US Edition
Mixed Day for Global Stocks Amid Trade Angst, Powell Comments
- European and US stock markets fell and then partly recovered amid trade tensions between Beijing and Washington and Federal Reserve commentary.
- Jerome Powell noted that US payroll gains have "slowed sharply," increasing confidence that the US central bank might cut interest rates soon.
- Markets reacted negatively after China imposed sanctions on five American subsidiaries of Hanwha Ocean.
- In Paris, Michelin's shares fell nearly nine percent after it lowered its revenue expectations due to tariffs.
48 Articles
48 Articles
Powell/TACO Combo Lifts Wall Street from Early Losses - Action Forex
Today marked the first trading day of the week for many North American traders after Columbus Day for the US and the Canadian Thanksgiving — and the session opened with what felt like a long-weekend hangover. Overnight markets had reacted sharply to China’s condemnations regarding the escalating US-China trade tensions, notably hurting Oil markets even […] The post Powell/TACO Combo Lifts Wall Street from Early Losses appeared first on Action Fo…
Wall Street ended with no single direction this Wednesday, with investors presenting quarterly results, mostly from large United States banks, comments from the Federal Reserve, Jerome Powell, and the continued trade war between the US and China. S&P 500 fell 0.16%, for 6,644.31 points. The Nasdaq technology index lost 0.76%, for 22,521,70 points. Dow Jones fell 0.44%, for 46.270.46 points. S&P 500 fell after the US President Donald Trump said t…
Wall Street mixed amid China trade war concerns, Powell says QE might end soon
More on markets: The Huge U.S. Bond Market And The U.S. Dollar Blow Off The 'Debasement Trade' This Could Be The Next Sub-Prime Crisis One Does Not Simply Impose 100% Tariffs On China S&P 500 clocks strongest Q3 performance since 2020
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