NASDAQ Composite News
Stock Market Today: Stocks End Mixed Amid Soft PCE Inflation Data Following Powell-Triggered Rally
Another decline in the Fed's preferred inflation gauge, alongside Chairman Jerome Powell's recent dovish tilt, has stocks ending mixed Thursday.
Fed Inflation Gauge Slowed Again in October, Supporting Dovish Powell
Further slowing in the Fed's preferred inflation gauge is adding heft to Chairman Jerome Powell's signals of smaller rate hikes.
Stocks Dip Lower, Salesforce, Costco, Five Below And General Electric In Focus - Five Things To Know
Stock Futures Drift Lower After Powell-Induced Rally; Salesforce Slumps As Co-CEO Steps Down, Clouding Q3 Earnings Beat; Costco Slides After Softer November Sales Data; Five Below Surges After Q3 Earnings Beat, Solid Outlook and GE Sets Date For GE HealthCare Spin-Off
Fed Chair Powell Sees Smaller Rate Hikes Ahead, But Notes 'Uncertain' Inflation Path
"It makes sense to moderate the pace of our rate increases as we approach the level of restraint that will be sufficient to bring inflation down," Powell said.
Stock Market Today: Stocks Surge As Powell Points To Smaller Rate Hikes
Stocks finished sharply higher Wednesday after Fed Chair Jerome Powell hinted at smaller near-term rate hikes as the central bank tracks a 'highly uncertain' inflation path.
Breaking News
Fed Inflation Gauge Slowed Again in October, Supporting Dovish Powell
Further slowing in the Fed's preferred inflation gauge is adding heft to Chairman Jerome Powell's signals of smaller rate hikes.
Amazon Needs to Kill Alexa, Maybe Exit Echo Devices
The online retail giant had a plan to own your living room. It didn't work because AI-powered voice assistants don't work.
General Mills Tries a New Take on Lucky Charms
The new variant may be even more magically delicious.
Elon Musk's Latest Twitter Move Looks Like an Act of Desperation
Twitter is desperate for revenue. It has a $13 billion debt burden, but hasn’t showed a profit for eight of the last 10 years.