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Wall Street higher as Fed"s Powell says economy in "good shape"

Wall Street's main indexes rose on Wednesday as Federal Reserve Chair Jerome Powell said the domestic economy was in good shape and the central bank saw a "sustained expansion" ahead......»»

Category: topSource: reutersNov 13th, 2019

Market Snapshot: Stocks edge higher, S&P 500, Nasdaq look to set 10th record close of November

U.S. stocks are struggling for direction Tuesday after another round of record closes for Wall Street, with investors focused on U.S.-China trade talks and an upbeat assessment of the economy from Federal Reserve Chairman Jerome Powell......»»

Category: topSource: marketwatchNov 26th, 2019

Market Snapshot: Stocks edge higher, S&P 500 Nasdaq look to set 10th record close of November

U.S. stocks are struggling for direction Tuesday after another round of record closes for Wall Street, with investors focused on U.S.-China trade talks and an upbeat assessment of the economy from Federal Reserve Chairman Jerome Powell......»»

Category: topSource: marketwatchNov 26th, 2019

J&J, Powell comment push Wall Street higher; Netflix weighs

Wall Street rose on Tuesday as Federal Reserve Chairman Jerome Powell's optimistic view on the U.S. economy and solid earnings from Dow component Johnson & Johnson lifted expectations of a robust second-quarter earnings season......»»

Category: topSource: reutersJul 17th, 2018

Wall St. gains on Powell comments, rosy earnings expectations

Wall Street pushed higher on Tuesday as investors looked to Federal Reserve Chairman Jerome Powell's optimistic view of the U.S. economy and as solid earnings supported expectations of a strong second-quarter reporting season......»»

Category: topSource: reutersJul 17th, 2018

Dow Jones Industrial Average (.DJI) No News is Good News

Dow Jones Industrial Average (.DJI) No News is Good News Wall Street has risen as Federal Reserve chairman Jerome Powell’s optimistic view on the US economy and solid earnings from Dow component Joh.....»»

Category: topSource: livetradingnewsJul 18th, 2018

Wall Street predicts economy slowing dramatically as 2020 nears

Federal Reserve Chair Jerome H. Powell recently suggested that economic conditions may be “too good to be true.” A new report from Goldman Sachs suggests he was onto something......»»

Category: topSource: washpostNov 20th, 2018

Asian stocks pulled higher by Wall Street jobs rally but China caution prevails

Asian stocks edged up on Monday, catching some of Wall Street's momentum after surprisingly strong U.S. jobs data although regional gains were capped by concerns about China's economy due to the prolonged Sino-U.S. trade war......»»

Category: topSource: reutersDec 8th, 2019

Market Snapshot: Dow futures flat after another round of stock-market records

Stock-index futures struggle for direction Tuesday after another round of record closes for Wall Street, with investors focused on U.S.-China trade talks and an upbeat assessment of the economy from Federal Reserve Chairman Jerome Powell......»»

Category: topSource: marketwatchNov 26th, 2019

Why Huge Holiday Travel Could Be the Spark for Top Airline Stocks

Many on Wall Street are expecting a huge holiday shopping season, as consumers remain in very good shape. With the surge in optimism, there is also expected to be an increase in travel......»»

Category: blogSource: 247wallstOct 10th, 2019

The Wall Street Journal: U.S. economy is ‘currently in a good place,’ Fed’s George says

Kansas City Federal Reserve leader Esther George said Sunday she isn’t worried about low inflation levels right now, in comments that show the official skeptical but open to the need to lower rates again......»»

Category: topSource: marketwatchOct 6th, 2019

Wall Street eyes higher open after sharp fall; service sector data awaited

Wall Street's main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession......»»

Category: topSource: reutersOct 3rd, 2019

The education of Jerome Powell: How the Fed chair is adapting to pressure from Wall Street and Trump

Powell is now 20 months into one of the most powerful jobs in the global economy, and he’s aiming to prove he is a steady hand at the helm......»»

Category: topSource: washpostOct 1st, 2019

Wall Street higher ahead of manufacturing report

Gains in technology stocks lifted Wall Street's three main indexes higher for the second straight session on Tuesday, while investors awaited manufacturing data for fresh signs of domestic demand in the world's largest economy......»»

Category: topSource: reutersOct 1st, 2019

Wall Street set to open higher after jobs data, China stimulus plan

U.S. stocks were set to open higher on Friday as China rolled out a stimulus plan to shore up its flagging economy and weak jobs data cemented expectations of an interest rate cut by the Federal Reserve later this month......»»

Category: topSource: reutersSep 6th, 2019

Asian stocks edge up on Wall Street futures, firmer oil

Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures provided some relief after an overnight U.S. selloff, though deeper worries about the global economy and trade continue to weigh on market sentiment......»»

Category: topSource: reutersAug 28th, 2019

Asian stocks post modest gains on Wall Street futures, oil

Asian shares eked out cautious gains on Wednesday, as higher Wall Street futures provided some relief after an overnight U.S. selloff, though deeper worries about the global economy and trade have kept a lid on sentiment......»»

Category: topSource: reutersAug 28th, 2019

Asian stocks find modest support on firmer U.S. futures

Asian shares eked out meager gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight U.S. selloff, though deeper worries about the global economy are likely to keep a lid on sentiment......»»

Category: topSource: reutersAug 27th, 2019

Wall Street Week Ahead: Lower rates could boost housing stocks, but risks remain

Lower U.S. interest rates could help support outperforming U.S. homebuilder stocks, even as they raise worries about the economy, while a bonanza of industry data and Federal Reserve speakers next week are likely to help shape the outlook......»»

Category: topSource: reutersAug 16th, 2019

Goldman Sachs Raises Its S&P 500 Target for 2019 and Sees Even More Gains for 2020

Wall Street strategists have a hard time agreeing on where the economy and the stock market are heading. Goldman Sachs has issued a higher target for the S&P for 2019, and it sees double-digit........»»

Category: blogSource: 247wallstJul 30th, 2019

Higher consumer spending helps Mastercard beat quarterly profit estimates

Mastercard Inc on Tuesday beat Wall Street estimates for quarterly profit, as a robust economy encouraged customers to spend more, boosting fee income for the world's second-largest payment processor......»»

Category: topSource: reutersJul 30th, 2019