Fed Chair Powell has used Jackson Hole to signal what's next
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Stock Market Today: Dow edges lower
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President Trump's tariffs have tipped the economy toward stagflation, but investors have another serious problem in the stock market's elevated valuation.
The stock market is heading into a catalyst-filled week as Fed Chair Jerome Powell gets ready to speak at Jackson Hole and big retailers report earnings.
The stock market has been pricing in a strong economy, even if “conditions are lining up to disappoint those elevated expectations,” says Bob Elliott, co-founder of Unlimited Funds.
Futures for the main stock indexes were mostly pointing down after the so-called Magnificent Seven stocks slid for a second day on Wednesday. The group of highly valued technology stocks–Amazon, Apple,
Financial stability is at risk. Equity valuations are stretched, margin debt is over $1 trillion, and the S&P 500 trades at dot-com level valuations. Rate cuts could spark a stock market melt-up and trigger a bond market revolt, destabilizing the system.
Live Updates Live Coverage Has Ended Tuesday Wrap-up 4:12 pm The Vanguard S&P 500 ETF closed at 588.15 Tuesday, down 0.5%. Softbank Rides to Intel's Rescue 12:10 pm “Great minds think alike,” goes the old saying,
The Dow, S&P 500, and Nasdaq are falling. The tech selloff extends a second day and markets shrug off the latest Federal Reserve minutes.
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Indian stock market: 10 key things that changed for market overnight - Gift Nifty, US Fed meeting minutes to gold prices
Gift Nifty was trading around 25,085 level, a premium of nearly 2 points from the Nifty futures’ previous close, indicating a flat start for the Indian stock market indices.
Top Federal Reserve officials generally expect inflation to increase in the near term, according to minutes of the July meeting released on Wednesday. The only questions were how big the gain would be,