County Jerome Financial News
06.03 / 14:25
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All Eyes on Powell: Can Upcoming Testimony Shift Rate-Cut Expectations?
Fed Chair Jerome Powell is scheduled to testify in the House today (Wed., Mar. 6) and markets will be all ears on topics that offer guidance on the outlook for interest-rate cuts.
06.03 / 14:25
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COST
Target
Fighting
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NOT
Powell backs potential rate cuts in 2024, but says inflation fight "not assured"
Investing.com -- The Federal Reserve's ongoing push to cool inflation is «not assured,» according to Chair Jerome Powell, bolstering the case for the U.S. central bank not to unveil imminent interest rate cuts.
06.03 / 14:25
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CrowdStrike, Evgo and JD rise premarket; Foot Locker, Nordstrom fall
Investing.com — U.S. futures rose Wednesday, rebounding after the previous session’s sharp losses, ahead of the start of Fed chief Jerome Powell’s two-day testimony before Congress.
06.03 / 13:39
06.03 / 13:21
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Gold holds near all-time-high levels ahead of Fed testimony
Gold stood tall near previous session's record highs on Wednesday as markets expect Federal Reserve Chair Jerome Powell's testimony later in the day to reveal clues on a potential June rate cut. Spot gold was steady at $2,126.75 per ounce, as of 1107 GMT after hitting a historic high of $2,141.59 per ounce in the prior session. U.S. gold futures fell 0.3% to $2,135.20.
06.03 / 10:47
06.03 / 10:47
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Dollar edges lower ahead of Powell testimony; euro helped by German exports
Investing.com — The U.S. dollar slipped lower in early European trade Wednesday, in cautious trading ahead of congressional testimony from Federal Reserve Chair Jerome Powell which should provide more cues on U.S. monetary policy.
06.03 / 10:47
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2020
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Powell to testify, Bitcoin volatility - what's moving markets
Investing.com -- U.S. stock futures inch higher as markets gear up for Fed Chair Jerome Powell's much-anticipated testimony to lawmakers on Capitol Hill. Bitcoin pares back losses after the world's most popular cryptocurrency touches a new all-time high. A rematch of the 2020 U.S. presidential election seems ever more likely after President Joe Biden and Donald Trump secure major victories in Super Tuesday primary voting.
06.03 / 10:47
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European stocks edge higher ahead of UK budget, Powell's Congress testimony
Investing.com — European stock markets edged higher Wednesday in cautious trading, as investors awaited the U.K. Budget as well as congressional testimony from Federal Reserve Chair Jerome Powell, ahead of a European Central Bank rate-setting meeting later in the week.
06.03 / 10:47
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Futures gain ahead of Powell's testimony, economic data
(Reuters) — U.S. stock index futures rose on Wednesday as investors await testimony by Federal Reserve Chair Jerome Powell before Congress that could help determine the central bank's monetary policy path.
06.03 / 10:25
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Bitcoin news
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Bitcoin Price Prediction: BTC Eyes $70,000 Amid Political Endorsements
Bitcoin price is climbing over 4% to hit $66,300 during the Asian session on Wednesday. This surge reflects growing investor confidence and forecasts a bullish trend in the cryptocurrency market.
06.03 / 08:57
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COST
Provident
Updates
economic data
European shares muted ahead of key economic data
shares were subdued early on Wednesday, ahead of key euro zone economic data and congressional testimony from U.S. Federal Reserve Chair Jerome Powell, while upbeat earnings offset losses on the index. The pan-European STOXX 600 index was flat by 0809 GMT.
06.03 / 03:53
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Apple
trends
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Asian stocks
Asian stocks dip as China weighs, rate anxiety builds before Powell
Investing.com-- Most Asian stocks fell on Wednesday with an underwhelming economic outlook from China providing little support, while overnight losses in Wall Street spilled over as markets grew skittish before more signals on U.S. rates.
06.03 / 02:55
UPS
DOW
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US stock futures steady after Wall St tumbles; Powell testimony awaited
Investing.com-- U.S. stock index futures steadied in evening deals on Tuesday as Wall Street nursed a sharp fall from record highs, with focus turning squarely to an upcoming testimony by Federal Reserve Chair Jerome Powell.
06.03 / 02:55
06.03 / 02:55
06.03 / 02:17
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Reuters
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Indian stock market: 8 key things that changed for market overnight - Gift Nifty, iPhone China sales to Bitcoin prices
Sensex fell 195.16 points, or 0.26%, to close at 73,677.13, while the Nifty 50 settled 49.30 points, or 0.22%, lower at 22,356.30. “Investors are awaiting Fed Chair Powell’s testimony to get some input on interest rates. Overall, markets are likely to consolidate in the near term with sectorial rotation amid key events lined up.
05.03 / 21:57
markets
UPS
shock
Tech shares drag TSX lower for second straight day
By Purvi Agarwal and Fergal Smith
05.03 / 21:57
markets
Provident
DOW
Apple
Remark
reports
Stock market today: S&P 500 slumps as tech rally stalls ahead of Powell testimony
Investing.com — The S&P 500 fell Tuesday, as investors continued to holster bullish bets on big tech just a day ahead of Federal Reserve chairman Jerome Powell testimony before Congress that will likely echo recent remarks from Federal Reserve members cautioning on cutting rates too soon.
05.03 / 21:51
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Fed Chair Powell testifying to House on Wednesday. What investors are expecting
Federal Reserve Chairman Jerome Powell heads to Capitol Hill on Wednesday with markets intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.
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