U.S. stocks finished higher on Friday, after Federal Reserve Chair Jerome Powell said the economy was "in a good place," but uncertainty about U.S. trade policy led to Wall Street's biggest weekly decline in months.
The head of the Federal Reserve helped ease the market’s worries when he said he thinks the economy looks stable at the moment.
Wall Street traders this week were hit by the biggest cross-asset losses since the Federal Reserve’s monetary-tightening campaign peaked in 2023. Blame tariffs, softening growth, a potentially revitalized Europe,
U.S. stocks ended higher on Friday after Federal Reserve Chair Jerome Powell reassured markets that the economy remains strong. However, lingering trade policy uncertainty led to Wall Streets biggest weekly decline
U.S. President Donald Trump during the session said reciprocal tariffs on Canadian dairy and lumber products may be announced as early as Friday. This week, he halted tariffs imposed on certain goods from Canada and Mexico until early April.
A Wall Street sign hangs in front of a U.S. Flag outside the New York Stock Exchange (NYSE) before the Federal Reserve announcement in New York City, U.S., September 18, 2024. REUTERS/Andrew Kelly/File Photo (The opinions expressed here are those of the author,
Investors have been on edge since last week as a series of data releases, including Tuesday's weak consumer sentiment print, suggested the world's largest economy might be stalling, even as sticky inflation keeps the Federal Reserve cautious about lowering interest rates further.
NEW YORK (AP) — Wall Street rose on Friday, but only after careening through another wild day. It was a fitting ending to a brutal week of scary swings dominated by worries about the U.S. economy and uncertainty about what President Donald Trump will do with tariffs.
Wall Street traders last week were hit by the biggest cross-asset losses since the Federal Reserve’s monetary-tightening campaign peaked in 2023. Blame tariffs, softening growth, a potentially revitalised Europe,
Stocks racked up more losses on Wall Street Tuesday as a trade war between the U.S. and its key trading partners escalated, wiping out all the gains since Election Day for the S&P 500.
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The National on MSNWall Street rallies on Fed standing its ground on interest rates amid Trump tariff turmoilWall Street rallied on Friday to settle higher after a roller-coaster week, lifted by the Federal Reserve's stance that it will hold off on lowering interest rates given a “good” US economy and the turmoil surrounding the Trump administration's tariff policies.
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