Jerome Powell
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Stock Market Today (5/4/22): Stocks Rally on Powell's Rate Reassurance
Stock Market Today The Fed announced a 50-basis-point interest-rate hike, as expected, and Powell's suggestion that future hikes won't be any more aggressive sent stocks flying.
By Kyle Woodley Published
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Stock Market Today (5/2/22): Late Rally Gives Stocks a Sunnier Start to May
Stock Market Today The major indexes appeared ready to plumb new 2022 depths Monday, but an afternoon bounce-back gave investors much-needed relief.
By Kyle Woodley Published
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Stock Market Today (4/22/22): Dow Sinks 981 Points in Wide Market Washout
Stock Market Today Powell's rate-hike remarks continued to plague equities Friday as the major indexes suffered their worst single-day losses since early March
By Kyle Woodley Published
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Stock Market Today (4/21/22): Rate-Hike Rumblings Rattle the Stock Market
Stock Market Today Powell commentary made a 50-basis-point interest-rate increase in May appear even more certain, throwing stocks for a loop Thursday.
By Kyle Woodley Published
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Stock Market Today (4/5/22): Signs of Fed Aggressiveness Spook Bulls
Stock Market Today Fed Governor Brainard says a rapid shrinking of the central bank's balance sheet is in order, sending rates higher and stocks well into the red Tuesday.
By Kyle Woodley Published
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Stock Market Today (3/22/22): Markets Rebound Despite Higher Rate Expectations
Stock Market Today Investors weigh potential for Fed to deliver a 50-basis-point hike, and Nike earnings boost confidence in consumers' spending power.
By Kyle Woodley Published
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Stock Market Today (3/21/22): Stocks Slip After Powell Talks Rate Hikes
Stock Market Today Powell indicated the central bank could get more aggressive with rate hikes to combat inflation that is "too high."
By Karee Venema Published
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Stock Market Today (3/17/22): Markets Rally for Third Consecutive Day
Stock Market Today A decline in jobless claims and other optimistic data points convinced investors to keep their fingers on the 'buy' button Thursday.
By Kyle Woodley Published
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Stock Market Today (3/2/22): Powell Reins in Rate-Hike Prospects, Sets Stocks Loose
Stock Market Today Fed chair's testimony that he is 'inclined to support a 25-basis-point rate hike' triggered a broad rebound in stocks Wednesday.
By Kyle Woodley Published
Stock Market Today