U.S. stocks sold off on Thursday as ongoing tariff jitters and a downbeat forecast from Walmart dampened investor risk appetite.
Wall Street's best-known gauge of fear and uncertainty was still indicating low volatility on Thursday, even after a higher-than-expected inflation reading appeared to slam the door on the Federal Reserve being able to cut interest rates by much in 2025.
Vivek Ramaswamy blasted the Federal Reserve's mismanagement, calling it an "open secret" that investors track the Fed not for insight but to anticipate its next blunder, as he pushes his government efficiency agenda ahead of a likely run for Ohio governor.
Shares of power producers ticked up as a rally in Treasury yields stalled. Hotter-than-anticipated January consumer and wholesale inflation readings initially caused a spike in Treasury yields. But Wall Street strategists said the Federal Reserve's favored gauge of inflation could paint a different picture.
U.S. stocks ended modestly higher on Wednesday and the S&P 500 notched its second straight all-time closing high as investors scrutinized the minutes from the Federal Reserve's January policy meeting and digested U.
Wall Street’s capacity to process drama got another workout in a week of rapid-fire headlines on tariffs, inflation and the Federal Reserve. Traders proved equal to the task, once again.
The S&P 500 ended higher on Thursday, lifted by gains in Nvidia, Apple and Tesla, after U.S. President Donald Trump unveiled a roadmap for charging reciprocal tariffs on U.S. trading partners.
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised concerns about consumer spending and economic growth, while investors also assessed signals from the Federal Reserve and trade policy uncertainties.
Wall Street's main indexes were on track to open higher on Tuesday as investors focused on potential tariff developments and the U.S. Federal Reserve's interest-rate strategy following last week's drop in Treasury yields.
Wall Street's main indexes opened higher on Tuesday, as investors focused on potential tariff developments and the U.S. Federal Reserve's interest-rate strategy following last week's drop in Treasury
Wall Street main indexes were muted on Tuesday as investors braced for potential tariff developments and sought insights into the U.S. Federal Reserve's plans for interest rates after monthly data released last week showed retail sales had tumbled.
Federal Reserve Chair Jerome Powell told a Senate hearing this week that there is no rush to adjust its interest rate policy.