Federal Reserve Chair Jerome Powell's remarks came as the latest batch of U.S. economy data released earlier in the day generated some uncertainty about the outlook for interest rates.
The pullback in U.S. stocks was advancing in Thursday afternoon trade, with the Dow and S&P 500 touching new session lows. The Dow Jones Industrial Average was down about 123 points, or 0.3%, near 43, ...
The stock market slipped again on Thursday after Wall Street dialed back rate-cut expectations in the wake of the latest inflation data and comments from Fed Chair Jerome Powell. The Dow Jones ...