Wall Street slightly increased ahead of Federal Reserve Chair Jerome Powell's upcoming speech, with futures for the Dow and S&P 500 rising 0.2%; traders hope Powell will indicate that the Fed is done raising interest rates and may cut them next year.
Jim Cramer anticipates that Federal Reserve Chair Jerome Powell's speech at Jackson Hole may signal further interest rate hikes, potentially causing stocks to decline, but advises investors to keep strong companies like Apple and Nvidia and seek opportunities for discounted stocks.
Stock futures indicate a slight increase as investors await Federal Reserve Chairman Jerome Powell's speech at the central bank summit in Jackson Hole, Wyo, with stocks of Affirm, Marvell, Hawaiian Electric, AMC, and Intuit showing the most movement.
Federal Reserve Chair Jerome Powell's speech at Jackson Hole could trigger a move higher in bond yields, leading investors to consider switching to value stocks, which are currently underperforming growth stocks, according to Vanguard.
Stock futures rose slightly ahead of Fed Chair Jay Powell's speech, with investors eagerly awaiting his comments on interest rates and inflation.
Wall Street is expected to open higher as investors await a speech from Federal Reserve Chair Jerome Powell, with weaker-than-expected economic reports potentially being more welcome in financial markets.
Stocks were in positive territory after Fed Chair Jerome Powell expressed the central bank's readiness to raise rates further during his speech at the annual Jackson Hole Economic Symposium.
Stocks gave up gains after Fed Chair Jerome Powell stated that the central bank is prepared to raise rates further, causing investors to adopt a dimmer interpretation of his remarks.
U.S. stocks turned negative as Federal Reserve Chair Jerome Powell's cautious stance on further rate increases raised concerns among investors, while bond yields edged up after his speech at Jackson Hole.
Stocks turn volatile as Jerome Powell hints at more rate hikes, consumer inflation expectations rise, and consumer sentiment and expectations decrease; investors await Powell's speech at the Jackson Hole Economic Symposium.
Stocks fluctuated as Jerome Powell signaled caution on declaring victory over inflation and stated that the Federal Reserve will proceed carefully on whether to raise interest rates again.
Stocks rebounded after Fed Chair Jerome Powell indicated that the central bank is prepared to raise interest rates further, providing a cautious but ultimately optimistic outlook on the economy.
Traders interpret Federal Reserve Chairman Jerome Powell's speech as an indication that the Fed will continue to raise interest rates and that the US economy remains strong.
Stocks rise as Wall Street achieves its first winning week since July after Federal Reserve Chair Jerome Powell states that the Fed will proceed cautiously with interest rates.
Tech stocks led a rally in the stock market, with the Nasdaq Composite gaining 1.6% and the S&P 500 ending a four-day losing streak, despite the rise in Treasury yields; investors will be looking for clues about the US consumer spending and the economy as retailers' earnings reports are expected, and Federal Reserve Chairman Jerome Powell's speech at the Jackson Hole symposium is anticipated for indications on interest rates.
Stock futures opened higher to start the final trading week of August, following positive remarks from Federal Reserve Chair Jerome Powell and the expectation of a cautious approach to interest rate hikes.
Stocks rise at the beginning of the week after last week's selling, with markets relieved by the 10-year yield remaining at around 4.3%, while anticipating Federal Reserve Chairman Jerome Powell's speech on Friday for insight on short-term interest rates and inflation control.
U.S. stocks are set to open higher as investors await fresh labor data that could impact the Federal Reserve's interest-rate decision.
European shares traded higher as traders considered the possibility of higher interest rates from the U.S. Federal Reserve and awaited upcoming economic data, while U.S. stocks opened higher and Asian stocks rallied due to a stock market policy change in China.
Stocks rise as markets shift focus from the Federal Reserve to corporate and economic reports, with the S&P 500 and Dow Jones Industrial Average both experiencing gains, while investors await upcoming economic data and inflation updates.
Stocks remained higher across the board as investors analyzed the impact of Fed Chair Jay Powell's speech and prepared for upcoming inflation and jobs data, with the Dow Jones, Nasdaq Composite, and S&P 500 all experiencing gains.
Equity markets rise as investors focus on upcoming economic data following Powell's speech.
European stock markets are expected to open higher following positive moves on Wall Street, as investors anticipate fresh economic data and a potential pause in interest rate hikes by the Federal Reserve.
Stocks closed higher on Wall Street as economic reports indicated a cooling economy, potentially leading to a pause in interest rate hikes by the Federal Reserve.
U.S. stocks were higher on Wednesday, although the gains were smaller compared to the previous day, as market participants received a cooling labor market update and a downward revision to Q2 economic growth.
Stocks closed higher on Wednesday after revised GDP data showed that the US economy grew slower than previously estimated, while signs of a slowdown in the labor market have heightened hopes for a "soft landing" for the economy.
Wall Street stocks opened higher as new data showed easing inflation, boosting the Dow Jones and S&P 500, with investors taking heart from signs of a soft landing for the US economy.
Stocks in Asia rose as investors were encouraged by a report indicating a cooling US jobs market, potentially leading to a slowdown in the Federal Reserve's campaign to raise interest rates and slow the economy.
Stocks rose on Friday as the Nasdaq rebounded from Apple's recent slide, fueled by speculation that the Federal Reserve may not raise interest rates in September, while concerns about rising energy prices and Apple's market value decline continue to linger.
Stocks are expected to open the week higher, with the S&P 500 up 0.5% in premarket trading, as investors look ahead to key U.S. economic data and show interest in companies such as Lennar, Arm, Tesla, and Oracle.
U.S. stocks opened higher on Monday, as major benchmarks attempt to extend Friday's gains, despite worries over rising Treasury yields and oil prices.
Wall Street stocks set for higher open as August inflation suggests the Federal Reserve won't raise interest rates, while Arm's IPO and oil prices remain in focus.
Stocks opened lower on Friday and continued to slide as investor sentiment was weighed down by the United Auto Workers (UAW) strike and anticipation for the next Federal Reserve meeting, while the "Big 3" automakers involved in contract negotiations finished the day off their session lows.
Investors are eagerly awaiting Jerome Powell's statement and Q&A session after the Federal Reserve's policy meeting as they seek clarity on the central bank's thinking and the timing of potential interest rate cuts.
Wall Street stocks rise as investors await the Federal Reserve's decision on interest rates, with focus on future rate projections and hints from Fed Chair Jerome Powell.
Stocks closed lower on Wednesday as Wall Street analyzed the Federal Reserve's decision to keep interest rates steady, with the tech-heavy Nasdaq sinking the most, while the Fed's updated forecast showed that interest rates will remain higher for longer than previously anticipated.