I Asked ChatGPT What Will Happen To the Stock Market If the Fed Keeps Cutting Interest Rates: Here’s What It Said
Investors can’t stop watching the Federal Reserve this year as it continues slicing interest rates to stimulate the slowing economy....
archiveWall Street Journal
Nvidia CEO Jensen Huang frustrated by UAE AI chip delay, claims report — White House said to be pressing nation to finalize U.S. investments before chip deliveries are authorized
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Getty /...
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...
Dow, S&P 500, Nasdaq soar as Trump softens stance on Powell, China tariffs
US economic activity continued to sink this month amid uncertainty around tariff policy. New data from S&P Global out Wednesday showed its flash composite PMI output index for April — which captures activity in the services and manufacturing sectors — fell to 51.2, the lowest in 16 months. Manufacturing activity rose to 50.7, up from 50.2 in March. Services activity fell to 51.4 from 54.4 in March. Readings above 50 indicate an expansion in activity in the sector; readings below 50 indicate contraction. Sentiment about the year ahead fell sharply,...