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Tag: Wall Street

Wall deeper into the ‘red’ after Powell’s ‘hawkish’ speech

Wall deeper into the ‘red’ after Powell’s ‘hawkish’ speech Wall deeper into the ‘red’ after Powell’s ‘hawkish’ speech

LAST UPDATE: 18.30 Wall Street’s main indices are moving in the “red”, after Jerome Powell’s speech at the Jackson Hole Economic Symposium, which gave sellers a head start after an initial lull in today’s session. The chairman of the Federal Reserve reiterated his commitment to curbing inflation, warning that he expects the US central bank […]

Wall closed with strong gains, with an eye on Jackson Hole

Wall closed with strong gains, with an eye on Jackson Hole Wall closed with strong gains, with an eye on Jackson Hole

The main stock indexes on Wall Street moved strongly higher on Thursday, as investors awaited Federal Reserve Chairman Jerome Powell’s address to the annual conference of central bankers in Jackson Hole to form a view on the line that the Fed will follow in the fight against inflation, but also whether it will affect the […]

Tech momentum on Wall Street ahead of Jackson Hole

Tech momentum on Wall Street ahead of Jackson Hole Tech momentum on Wall Street ahead of Jackson Hole

Moderate optimism seems to prevail among the ranks of investors in the American market, in anticipation of tomorrow’s speech by central banker Jerome Powell. The indices are trying to rebuild upward momentum on yesterday’s small gains that broke the three-day losing streak, having on their side today also some positive macroeconomic messages that downgrade to […]

Wall closed with gains in anticipation of Powell’s speech

Wall closed with gains in anticipation of Powell’s speech Wall deeper into the ‘red’ after Powell’s ‘hawkish’ speech

Wall Street’s stock indexes closed on a positive note on Wednesday, with investors moving cautiously as the days approach for central banker Jerome Powell’s speech at the Fed conference in Jackson Hole. In particular, Mr Dow Jones closed with an increase of 59.64 points or 0.18% at 32,969.23 points and the S&P 500 strengthened by […]

Wall Street: Marginal changes waiting for Powell

Wall Street: Marginal changes waiting for Powell Wall Street: Marginal changes waiting for Powell

The US market continues to look for direction today, with investors moving cautiously as the days approach for central banker Jay Powell’s speech at the Fed conference in Jackson Hole. In particular, all three indicators show subtle changes and changes of signs. The Dow Jones at 32,905 points with -0.01%, the S&P 500 at 4,130 […]

Cautious rise on Wall Street awaiting Powell

Cautious rise on Wall Street awaiting Powell Wall Street: Marginal changes waiting for Powell

LAST UPDATE 20:15 The US market continues to search for direction today, with investors moving cautiously as the days approach for central banker Jay Powell’s speech at the Fed conference in Jackson Hole. In particular, all three indices show small changes although they have stabilized in positive territory, with the technology giants trying to give […]

Third day of losses at Wall

Third day of losses at Wall Third day of losses at Wall

Wall Street’s main indexes closed slightly lower on Tuesday, ending three consecutive negative sessions as investors worry that despite the slowing economy the Federal Reserve will continue its aggressive interest rate hikes until it finds that inflation has entered trajectory to return to the 2% target. The three-day losing streak follows an impressive rally from […]

Mild bullish reaction on Wall Street

Mild bullish reaction on Wall Street Mild bullish reaction on Wall Street

Wall Street’s main indices are moving with small gains after Monday’s collapse, with caution still making its presence felt today as concerns persist over the Federal Reserve’s planned interest rate hikes to rein in inflation. Indices fell for a second session in a row yesterday, fueling concerns about the sustainability of the recent rally that […]

Mixed picture on Wall Street

Mixed picture on Wall Street Mild bullish reaction on Wall Street

Wall Street’s main indexes continued to be mixed in Tuesday’s trade, with caution lingering today as concerns persisted over the Federal Reserve’s planned interest rate hikes to curb inflation. Indices fell for a second session in a row yesterday, fueling concerns about the sustainability of the recent rally that sent the market up more than […]

El Erian: Powell has a chance to fix Fed and markets disconnect

El Erian: Powell has a chance to fix Fed and markets disconnect El Erian: Powell has a chance to fix Fed and markets disconnect

In a critical week for US stocks, Fed Chairman Jerome Powell has an opportunity to get investors on board with the Fed’s agenda to reduce inflation, which is likely to hurt economic growth. in the short term, argued renowned economist Mohamed El Erian. In particular, speaking to CNBC yesterday, Allianz’s chief financial advisor said that […]