Nasdaq drops 2%, S&P, Dow fall as Powell remarks drive reassessment of rate-cut pace
Major averages slid Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving stocks ...
Traders See Just a 50% Chance That Fed Cuts Rates in December
Traders see an interest-rate cut next month as a coin toss as resilient economic data empowers Federal Reserve officials to ...
US Dollar stands soft as markets react to Powell's words and Retail Sales data
The DXY's rapid surge to yearly highs above 107.00 was met with swift profit-taking, indicating a potential shift in market sentiment. The retreat suggests that buyers may have been overextended and a ...