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Dollar firms after Fed chair's upbeat remarks, global stocks gain
27 days ago - By Reuters
The U.S. dollar rose on Tuesday against a basket of major currencies following an upbeat economic assessment from the head of the U.S. Federal Reserve, while world stocks climbed as a heavy week of corporate earnings also kicked into gear.
Read more ...Wall St. climbs on Powell comments, earnings
27 days ago - By Reuters
Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period.
Read more ...The Nasdaq hits an all-time high after upbeat Powell testimony
27 days ago - By Business Insider
Stocks rose Tuesday, with the Nasdaq hitting an all-time high, after Federal Reserve Chair Jerome Powell offered an upbeat outlook on the economy in a testimony before Congress. The dollar and Treasury yields rose.
Here's the scoreboard:
Dow Jones industrial average : 25,121.83 +57.47
S&P 500 : 2,812.76 +14.33
Nasdaq: 7855.12 +49.39
Federal Reserve Chair Jerome Powell said the central bank should keep "gradually" raising rates "for now." In a testimony before a Senate committee, he highlighted a "considerably stronger" economy and seemed to downplay growing trade tensions.
Japan and the...
Read more ...Wall St. ends up on Powell comments, earnings
27 days ago - By Reuters
U.S. stocks rose on Tuesday and the Dow posted its fourth consecutive session of gains, as Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period.
Read more ...Federal Reserve chair: Decline in worker share of national economy ‘very troubling'
27 days ago - By Washington Post
Federal Reserve Chair Jerome H. Powell expressed optimism wages would soon increase for U.S. workers.
Read more ...
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