archiveJerome Powell

Stock Market

Dow Jones jumps more than 300 points; S&P 500 nears record

Jun 26, 2025 9:08 PM ISTUS Stock Market LIVE Updates: Informal Mining Boom Is Biggest Fear for Peru’s Copper InvestorsThe biggest threat to Peru tapping more of its giant copper deposits is rising informal and illegal mining activity, according to the head of the country’s main industry association, SNMPE.   Peru has slipped to third in the global copper-production ranking and last year posted its first decline in output in five years. This year, it should be able to get back to growth, albeit slightly, and reach a record 3.4...
Stock Market

Dow, S&P 500, Nasdaq futures stall as Trump reportedly eyes replacing Fed chief early

US stock futures edged up on Thursday as bets on interest-rate cuts rose after President Trump hinted he was looking at replacing Federal Reserve Chair Jerome Powell earlier than expected. Dow Jones Industrial Average futures (YM=F) nudged 0.2% higher, while S&P 500 futures (ES=F) rose about 0.2%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) gained 0.4%. Trump's frustration with Powell's "wait and see" approach to interest rates has led him to consider announcing his pick to succeed the Fed chair in September or October, The Wall Street Journal reported. Powell's...
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