Powell, Wall Street and Fed
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The stock market opened largely flat on Thursday, as investors assessed the retail sales and the jobless claims reports. The S&P 500 (SP500) was flat, the Dow (DJI) +0.2%, and the Nasdaq Composite (COMP:IND) +0.
Disney CEO Bob Iger celebrated the company's 70th anniversary by opening the New York Stock Exchange trading session from Anaheim, California Thursday.
Wall Street's main indexes inched up on Thursday, supported by upbeat results from PepsiCo and strong economic data that pointed to a healthy consumer.
President Donald Trump’s signature tax and spending legislation is providing short-term clarity for Wall Street but fueling concerns about the long-term health of the US economy, investors say.
Couche-Tard pulls $47B takeover bid for 7-11 parent. PBS, NPR face funding loss as Senate approves DOGE-backed budget cuts. Wix.com climbs after Barclays reveals hike on subscription plans.
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A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching Netflix and the dollar bounced after U.S. President Donald Trump quashed talk he was about to fire Fed head Jerome Powell.
Wall Street digested a surprisingly cool wholesale inflation reading and more big bank earnings, with one eye on Trump's latest tariff moves.
Tuesday: JPMorgan Chase, Wells Fargo, Citigroup, BlackRock, and Bank of New York Mellon release results. Wednesday: Bank of America, Morgan Stanley, Goldman Sachs report.
As more people ask chatbots for financial advice, creating the right prompts is the key to getting useful answers.
U.S. stock index futures barely budged on Thursday, as results from Taiwan's TSMC failed to shake investors from their cautious mood following a rollercoaster session marked by concerns about the Federal Reserve's independence.