Wall Street touches new highs after comments by Fed's Powell
Wednesday, 10 July 2019 () U.S. stocks closed higher and the S&P 500 index briefly crossed the 3,000-point mark for the first time on Wednesday as remarks by Federal Reserve Chairman Jerome Powell reassured investors about the potential for an interest rate cut later this month.
Recession junkies, you may need to take a chill pill. As Wall Street kicks off a new week of trading, markets remain at or near all-time highs. But this week, earnings season kicks off in earnest with..
Does the market live and die based on Federal Reserve decisions? With a close watch on a two-day congressional testimony from Fed Chair Jerome Powell, markets have approached and passed all-time highs,..