Dow Jones Reverses Lower As Powell Warns Of Higher Rates; Trump Returns To Twitter

The Dow Jones Industrial Average erases early gains as Fed Chair Jerome Powell expresses concerns about high inflation and the possibility of raising interest rates, while former President Donald Trump returns to Twitter, now known as X, after being booked on racketeering charges.

investors.com

Relevant topic timeline:

8/24/2023

Dow Jones Dives 374 Points As Powell Speech Risks Rise; Elon Musk Issues This Cybertruck Warning

Summary: The Dow Jones Industrial Average and other stock indexes experienced significant declines as market attention shifted to the upcoming speech by Fed Chair Jerome Powell at the Jackson Hole Economic Symposium, while Nvidia's gains were nearly wiped out after strong earnings and Tesla CEO Elon Musk issued a warning regarding the Cybertruck, although Box, NOV, and Automatic Data Processing showed strength.

8/25/2023

Dow Jones Rallies After Digesting Powell's Remarks; Tesla Rises On Key Analyst Note

Major indexes rebounded after Federal Reserve Chair Jerome Powell's speech, with the Dow Jones Industrial Average gaining 0.9% in late trading, as Powell emphasized the need for cautiousness in future rate hikes.

8/25/2023

Dow Jones Off Session Lows As Powell Talks Tough; AI Stocks Nvidia, Marvell Technology Hit Hard

The Dow Jones Industrial Average experienced volatility as Wall Street analyzed comments from Federal Reserve Chair Jerome Powell, causing gains in the stock market to fade initially before bouncing back.

8/30/2023

S&P 500 Hits 4500 As Odds Of Rate Pause Rise; Salesforce Rises On Earnings, Outlook

The Dow Jones Industrial Average made slight gains despite weaker than expected jobs data and a downward revision to Q2 GDP estimates, which increases the chances of a pause in interest rate hikes.

8/31/2023

Dow Jones Falls As Salesforce Pops; Marijuana Stocks Rocket; Tesla Up Despite Elon Musk Probe

Despite a rise in Salesforce stock and the continued growth of marijuana stocks, the Dow Jones Industrial Average closed lower as investors awaited the release of the jobs report, while Tesla faced a probe into its CEO's reported plan to build a glass house.

9/12/2023

Stocks Mixed as Dow Drops on Oracle Earnings, Tesla Surges on Upgrade

The Dow Jones Industrial Average dropped due to disappointing earnings from Oracle, while attention will shift to key inflation data, including the Consumer Price Index and the Producer Price Index, later this week.

9/20/2023

Stocks Rise Ahead of Fed Decision; Earnings in Focus as Caterpillar Nears Buy Point

The Dow Jones Industrial Average rose ahead of the Federal Reserve's interest rate decision, while Cathie Wood's Ark Invest sold shares of Tesla stock.

Topics

Posted 8/25/2023, 2:18:00 PM

Dow Jones Reverses Lower As Powell Warns Of Higher Rates; Trump Returns To Twitter

investors.com

Relevant topic timeline:

8/24/2023

Dow Jones Dives 374 Points As Powell Speech Risks Rise; Elon Musk Issues This Cybertruck Warning

8/25/2023

Dow Jones Rallies After Digesting Powell's Remarks; Tesla Rises On Key Analyst Note

8/25/2023

Dow Jones Off Session Lows As Powell Talks Tough; AI Stocks Nvidia, Marvell Technology Hit Hard

8/30/2023

S&P 500 Hits 4500 As Odds Of Rate Pause Rise; Salesforce Rises On Earnings, Outlook

The Dow Jones Industrial Average made slight gains despite weaker than expected jobs data and a downward revision to Q2 GDP estimates, which increases the chances of a pause in interest rate hikes.

8/31/2023

Dow Jones Falls As Salesforce Pops; Marijuana Stocks Rocket; Tesla Up Despite Elon Musk Probe

9/12/2023

Stocks Mixed as Dow Drops on Oracle Earnings, Tesla Surges on Upgrade

9/20/2023

Stocks Rise Ahead of Fed Decision; Earnings in Focus as Caterpillar Nears Buy Point

The Dow Jones Industrial Average rose ahead of the Federal Reserve's interest rate decision, while Cathie Wood's Ark Invest sold shares of Tesla stock.