|Day's Range||7,749.6050 - 7,855.1226|
|52 Week Range||6,177.1899 - 7,855.1226|
Despite criticism from both the right and left, Trump defends his performance during his news conference with Russian President Vladimir Putin. Yahoo Finance's Seana Smith, Rick Newman and Dion Rabouin discuss.
Powell, discounting the risk that a trade war may throw a global recovery off track, said there were still "several years" of strong jobs and low inflation ahead for the United States, and that an era of stable growth may continue provided the Fed gets its policy decisions right. "He reiterated the view of the economy as being strong, growing at a solid pace with recent inflation data as more or less encouraging, and he's taking the same stance he did in the last statement," Peter Cecchini, chief market strategist at Cantor Fitzgerald in New York. Powell's comments come as investors focus more on company forecasts to assess the sustainability of earnings growth in the wake of escalating U.S.-China trade dispute.
Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell's optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter ...
After a weak start, U.S. indexes are higher Tuesday as retailers and smaller companies climb and investors applaud strong second-quarter results from health care products giant Johnson & Johnson and financial services company Charles Schwab. Netflix is plunging after the streaming video company gained fewer subscribers than Wall Street had hoped in its latest quarter and also projected weak results over the next three months. Netflix's weak subscriber totals have the stock on track for its biggest loss in two years.
U.S. stock rose in morning trading on Tuesday, recovering from an earlier decline after Federal Reserve Chairman Jerome Powell indicated the U.S. central bank wouldn’t move too quickly in changing monetary policy, and that it would be flexible in the face of changing conditions.
The U.S. dollar held gains on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks edged higher, with Wall Street erasing earlier losses. In written testimony for the Senate Banking Committee, Fed Chairman Jerome Powell said the economy was on the cusp of "several years" of the job market remaining strong and inflation remaining around the Fed's 2 percent target.
Federal Reserve Chairman Jerome Powell on Tuesday will testify before the Senate Banking Committee on the central bank’s monetary policy report to Congress. Watch the hearing as MarketWatch live-blogs the action.
U.S. stock indexes pared some losses on Tuesday after Federal Reserve Chairman Jerome Powell said in a Congressional testimony there were "several years" of strong jobs and low inflation still ahead for the U.S. economy. Powell discounted the risk that a trade war may throw a global recovery off track and signaled that he not only believes the economy is doing well, but that an era of stable growth may continue provided the Fed gets its policy decisions right. U.S. stock were already lower ahead of Powell's written testimony to the Senate Banking Committee, as Netflix's slump due to weak subscriber growth weighed on its own and other high-growth stocks.
Financial stocks jumped on Monday although the broader market struggled, as impressive economic data and quarterly results failed to boost investors??? confidence.
Wall Street dipped on Tuesday as Netflix's slump due to weak subscriber growth weighed on other high-growth stocks, while investors awaited Federal Reserve Chairman Jerome Powell's Congressional testimony. Powell is likely to reiterate the central bank's stance toward gradual monetary policy tightening at his testimony on the economy and monetary policy before the U.S. Senate Banking Committee from 10.00 a.m. ET.
MARKET PULSE U.S. stocks on Tuesday saw a downbeat open, with technology and internet shares weighing on the broader market, ahead of Federal Reserve Chairman Jerome Powell's Senate testimony. The Dow Jones Industrial Average (DJIA) 50 points, 0.
U.S. stocks opened lower on Tuesday, as Netflix's sharp drop following weak subscriber growth weighed on consumer discretionary stocks and as investors awaited Federal Reserve Chair Jerome Powell's Congressional ...
The S&P 500 closed at 5.5-month high price levels last week and clocked the second consecutive weekly gain. The S&P 500 opened slightly higher on Monday and traded with mixed sentiment throughout the day. On July 16, eight out of 11 major S&P 500 sectors closed the day lower.
China has filed a complaint with the World Trade Organization over President Trump’s plan to place tariffs on an additional $200 billion worth of Chinese goods. Yahoo Finance’s Seana Smith, Andy Serwer and Julia La Roche discuss.