powell

Wall Street rallies but trade choppy as investors digest Powell comments By Reuters

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[ad_1] © Reuters. FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, U.S., February 1, 2023. REUT By Carolina Mandl and Johann M Cherian (Reuters) – U.S. stocks … Read more

S&P 500 jumps on tech rally as Powell offers scant new clues By Investing.com

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[ad_1] © Reuters By Yasin Ebrahim Investing.com –The S&P 500 jumped in wild trading after Federal Reserve chairman Jerome Powell offered little new clues on policy in a speech Tuesday, reiterating the need for more rate hikes in what will likely be a long-drawn-out battle against inflation.  The rose 0.9%. the gained 0.44% or 149 … Read more

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