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Powell, S&P 500
Stock Market Today: Dow, S&P 500 score record closes after Powell remarks
The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to end at 42,330.15, a record closing high. It is the index's 33rd record close of this year. The Dow rose 3211.29 points, or 8.21%, in the third quarter.
Stock market today: US indexes edge higher to records as Powell talks up strength of the economy
"Overall, the economy is in solid shape," Powell said in his prepared remarks on Monday. "We intend to use our tools to keep it there."
S&P 500 ekes out record closing high; declines briefly after Powell
The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts.
Fed, interest rate and Jerome Powell
Fed Chair Powell says the US economy is in ‘solid shape’ with gradual rate cuts coming
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy.
Fed’s Powell Signals Slow, Steady Rate Cuts
Powell said the economy is largely healthy and the Fed is “recalibrating” its key interest rate, not rapidly cutting it. Interest rates influence mortgage rates.
Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
2h
Powell County leaders survey storm damage
Friday’s storms caused numerous damages across the Commonwealth, including in Powell County, where county leaders are ...
1d
on MSN
Stock Market Today: Stocks Gain After Powell Talks Rate Cuts
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
1d
Powell Says Fed Not in a Hurry, Will Lower Rates ‘Over Time’
Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that ...
1d
Federal Reserve sees no ‘hurry’ to cut rates as confidence in economy grows, Jerome Powell says
Powell is expected to elaborate on the Fed’s recent decision to cut its benchmark interest rate and on the considerations ...
22h
Rupee may struggle after Powell dampens hopes of another jumbo rate cut
The Indian rupee is expected to open slightly weaker and stay under pressure on Tuesday after Federal Reserve Chair Jerome ...
1d
Powell: Fed will do what it takes to keep economy 'in solid shape'
Federal Reserve Chair Jerome Powell said Monday that the US economy is "in solid shape" and that central bank policymakers ...
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Fed
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