Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.
U.S. stocks are drifting Thursday as the market’s big burst following Donald Trump’s election continues to cool.
That puts upward pressure on Treasury yields and could hinder the Fed’s plans to cut interest rates ... The Dow dropped ...
Technically, the index on a daily scale has formed a Doji candle near its 200-Days exponential moving average (DEMA) support ...