Stocks Drop on Report Powell Likely to Be Fired
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Nasdaq, stocks and inflation
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Stocks were mostly lower, with the 30-year bond yield up, after conflicting reports about whether President Trump is looking to fire Federal Reserve Chair Jerome Powell soon.
The major indexes remain at or near record highs while navigating a plethora of catalysts, including earnings, economic data, tariffs, and Trump-Powell drama.
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
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Investor's Business Daily on MSNStock Market Today: Indexes Turn Negative But Circle Roars 12% Higher; ASML, Chip Gear Firms Shellacked (Live Coverage)The Dow Jones index and other indexes reversed lower after bank earnings and tame wholesale inflation data. ASML stock plunged on this warning.
Stocks closed mostly lower Tuesday as inventors digested important inflation data in the U.S., as well as big bank earnings from JPMorgan.
US stock market rises as Dow Jones Industrial Average rose slightly on Wednesday, gaining 88 points (0.3%) as investors reacted to better-than-expected bank earnings from Goldman Sachs, Morgan Stanley,
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Investor's Business Daily on MSNStock Market Today: Dow Creeps Up, Nasdaq Closes At A High; Palantir Hits New Milestone (Live Coverage)Futures on the Dow Jones Industrial Average and other major indexes traded lower Monday after President Donald Trump announced 30% tariffs on the European Union and Mexico. Meanwhile, Tesla TSLA was an early winner on the stock market today.
Trump’s tariffs and the trade war continue to roil global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
Key Points The company announced it has achieved a milestone in reducing its "gate errors."Rigetti is working on a promising technology, but investors should know it's many years from maturation. 10 stocks we like better than Rigetti Computing › Shares of Rigetti Computing (NASDAQ: RGTI) are soaring on Thursday.
Wall Street braced for another inflation checkup after Tuesday's consumer price reading spurred traders to pare bets on Fed rate cuts in the coming months.