US stock futures held mostly steady Wednesday evening after the Dow snapped a three-session winning streak, as investors adapted to a stronger-than-expected January jobs report.
The S&P 500 Index ($SPX) (SPY) closed unchanged on Wednesday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.29%. March E-mini S&P futures (ESH26) rose +0.01%, and March E-mini Nasda
Oil edged higher after the US advised ships to steer clear of Iranian waters when navigating the Strait of Hormuz, reviving a risk premium that had ebbed in recent days amid nuclear talks.
President Donald Trump said his pick to lead the Federal Reserve can stoke the economy to grow at a rate of 15%, an exceedingly rosy target that nonetheless underscores the pressure that Kevin Warsh will face if confirmed to the role.
Kevin Warsh floated plenty of ideas for how he would run the Federal Reserve during his campaign for the job as chair. For Wall Street, few are as cryptic — or potentially consequential — as his call for a new accord with the Treasury Department.
A trifecta of key economic releases and earnings from several noteworthy firms will be of interest to market watchers this week.
Financial markets sold off hard Feb. 5, led by investor concerns about AI spending that hammered tech stocks.
As the foundations of the U.S. economy and future growth are increasingly built around digital assets, the Trump administration wants to remind Americans that commodities they can see and touch are still very much in play.
U.S. Treasury Secretary Scott ?Bessent on Wednesday ?said that the independence of the ?Federal Reserve was based on Americans trust of the central bank, which ?it ?lost because it allowed inflation to get ?out of control and "ravage" their incomes.
President Donald Trump hiked tariffs after taking office last year, but the economic damage some thought would result hasn’t yet emerged. Economists said AI and government spending have helped support the economy, while importers and exporters have buffe
Federal Reserve governor Stephen Miran has stepped down from his position as chair of the White Houses Council of Economic Advisers, ending a controversial arrangement where he held positions at both institutions.
The United Nations is discussing a new international tax collection cooperation regime that, among other things, aims to extract money from the oil and gas industry for climate change. It is not the first attempt to make the industry pay, and it will not
Before his new Federal Reserve chief can even begin pushing for interest-rate cuts, President Donald Trump may have to give up on punishing the old one.
The S&P 500 Index ($SPX) (SPY) on Monday closed up +0.54%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.05%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.73%. March E-mini S&P futures (ESH26) rose +0.57%, and March E-mini Nasdaq futu
For much of the time that President Donald Trump was mulling his potential choice for the next chair of the Federal Reserve, the debate in markets swirled around whether his pick would lower interest rates as aggressively as he preferred.
