Wall St little changed after in-line monthly producer prices; Powell speech awaited
Wall Street's main indexes were subdued on Thursday after monthly producer prices rose as expected, with investors awaiting Fed Chair Jerome Powell's comments later in the day for clues on the outlook for interest rates.
TSX Futures Inch up Ahead of Powell's Speech, US Data
December futures on the S&P/TSX index were up 0.2% at 6:03 a.m. ET (11:03 GMT). Powell's speech will take center stage as the top policymaker could offer possible remarks on the pace of future U.S. policy reduction.
More Inflation Data, Disney Earnings, Powell Speech: What to Watch Thursday and Friday
Retail sales, plus another inflation report, are this week's main remaining economic data releases. Plus, Federal Reserve Chair Jerome Powell is set to speak on the economic outlook, and there are a few earnings still on the slate.
Wall St indexes fall after latest inflation data; Powell speech awaited
Wall Street's main indexes lost ground on Thursday after monthly producer prices rose as expected, with investors awaiting Federal Reserve Chair Jerome Powell's comments expected during the last hour of trading for clues on the outlook for interest rates.
Futures muted ahead of economic data, Powell speech
The producer price index (PPI) reading for October and weekly jobless claims data are expected at 8:30 a.m. ET. "These numbers (PPI) better reflect corporate pricing power than the consumer price data,
Stock market today: Dow, S&P 500, Nasdaq slip with inflation, Powell speech in focus
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
Fed will reserve judgement about Trump economic policy 'until we know what we're talking about, Powell says
Fed Chair Powell was pressed about how the central bank will alter its policy in the wake of President-elect Donald Trump's ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Powell Speech Sends December Rate-Cut Odds Sliding
Federal Reserve Chair Jerome Powell's latest comments on inflation sent odds of a December interest-rate cut lower. Odds of a quarter-point cut in December were down to 58.9% from 82.5% on Thursday, ...
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When Is Fed Chair Powell's Speech and How to Watch It?
Federal Reserve Chair Jerome Powell is speaking in Dallas at 3 p.m. ET about the economic outlook. You can watch his appearance here: Last week, the Fed cut interest rates for the second time this ...
Powell: Going a little slower 'seems like the smart thing to do'
Fed Chair Powell returned to the patient theme in the fireside chat portion of his appearance in Dallas. "Going a little slower, if the data let us go a little slower, that seems like the smart thing ...
Watch Fed Chair Powell speak live to business leaders in the Dallas area
The appearance comes one week after policymakers again voted to lower their key interest rate by a quarter percentage point.
TSX hits record high as energy stocks advance; Powell's speech in focus
Canada's main stock index hit a record high on Thursday, helped by energy stocks, while investors parsed U.S. economic data ...
Stock Market Today: Dow futures tread water as Treasury yields hold near 4-month highs ahead of Powell speech
Cisco Systems shares are down 4% despite the networking company giving an upbeat forecast for its current quarter as product ...