Investor's Business Daily on MSN21h
Stock Market Today: Dow Jones Pares Losses As Powell Notes Trump Tariff Uncertainty; Tesla, Microsoft, Meta Earnings Loom (Live Coverage)Dow Jones stocks edged higher in the stock market today as investors awaited Powell's remarks and earnings from three tech titans.
The Dow Jones fell Wednesday ahead of the Fed interest rate decision and Fed Chair Powell's comments. Meta and Tesla earnings are next.
Stocks perked up slightly but were still trading lower as Federal Reserve Chair Jerome Powell began speaking on Wednesday. The Dow Jones Industrial Average was down 209 points, or 0.5%. The S&P 500 was down 0.
Stocks closed lower Wednesday after the Federal Reserve left its key interest rate unchanged amid persistent inflation, as investors prepared for a slew of earnings reports from major technology companies.
The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.
Fed chair Jerome Powell said asset prices were "elevated by many metrics" and a "good part" of that is due to AI and tech. Read more here.
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Fed meeting recap: Powell says central bank is in no hurry to cut rates again
US Fed Meeting Highlights: Stocks fall as US central bank holds key interest rate steady
Fed Meeting Today: Interest Rates Seen on Hold; Dow Ticks Higher
The Federal Reserve announces its decision on interest rates at 2 p.m. Fed Chair Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average,
A gauge of the “Magnificent Seven” megacaps dropped 1.5%, with Nvidia Corp. down 6%, as stocks remained lower after the Federal Reserve’s decision to hold rates.
US stock indices advanced on Thursday, led by post-earnings gains in Meta Platforms and Tesla. At 10:01 am ET, the Dow Jones Industrial Average rose 102.06 points, or 0.23 per cent, to 44,815.58, the S&P 500 gained 28.
The Dow Jones Industrial Average is drying out just south of record highs above 45,000, with intraday price action testing the waters near 44,800. A topside break will see the Dow Jones chalking in fresh all-time peak bids, while a bearish turnaround will mark the major equity index’s first ‘lower high’ pattern since mid-2024.
The Dow Jones gained 150 points on Tuesday at its peak. The Fed’s latest rate call looms ahead in the midweek. Tariff threats from US President Trump hang over the markets. The Dow Jones Industrial Average (DJIA) rose around 250 points on Tuesday at its highest point,
The US Fed held rates steady as Jerome Powell took a wait-and-see approach to Donald Trump’s tariff plans, citing uncertainty over their economic impact. Markets reacted cautiously amid inflation concerns.
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