News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<US>S&P 500 Closes Lower, as Powell Says Not Ready to Cut Rates; Nvidia Gains 2%+
Federal Reserve Chairman Jerome Powell hinted on Wednesday that the Fed is not yet ready to cut interest rates and is assessing the impact of US President Donald Trump's tariff...
Reset
Send
The window will close in 5 seconds
<US>S&P 500 Closes Lower, as Powell Says Not Ready to Cut Rates; Nvidia Gains 2%+
Close
Recommend
2
Positive
12
Negative
16
 
SHORT SELL
 
STOCK INFO

Federal Reserve Chairman Jerome Powell hinted on Wednesday that the Fed is not yet ready to cut interest rates and is assessing the impact of US President Donald Trump's tariff increases on inflation.

U.S. stocks turned from gains to losses on Wednesday. The S&P 500 ended down 7 points or 0.1% at 6,362 after the interest rate decision was announced. The DJIA closed down 171 points or 0.4% at 44,461. The Nasdaq edged up 31 points or 0.1% to close at 21,129.

Related NewsUnemployment Rate for Jul in United States is 4.2%, higher than the previous value of 4.1%. The forecast was 4.2%.
Techs were in a mixed bag, with Nvidia (NVDA.US)      mounting over 2% outrunning, and Apple (AAPL.US)      dipping 1%.

Regarding earnings stocks, Starbucks (SBUX.US)      was expected to turn profitable ahead of schedule, and Visa (V.US)      reported a 19% increase in last quarter's profit, beating expectations. However, both stocks concluded almost flat.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.