Market Check
By Chuck Mikolajczak
NEW YORK (Reuters) -U.S. stocks closed slightly lower on Thursday after veering between gains and losses as investors gauged the latest round of economic data and the Federal Reserve's policy statement against tariff concerns.
Selling pressure has intensified in recent weeks after a string of economic indicators signaled the economy and consumer sentiment may be cooling as the Trump administration imposes reciprocal trade... (continue reading...)
By Chuck Mikolajczak
NEW YORK (Reuters) -U.S. stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how President Donald Trump's tariff policies affect the economy and inflation.
The central bank kept its benchmark overnight interest rate unchanged in the 4.25%-4.50% range, and indicated that two quarter-point interest-rate cuts were likely later... (continue reading...)
By Chuck Mikolajczak
NEW YORK (Reuters) - U.S. stocks fell on Tuesday to snap a two-session streak of gains, as investors exercised caution ahead of a monetary policy decision from the Federal Reserve, while gauging the potential impact of President Donald Trump's tariff policies.
The Fed will release its latest policy statement on Wednesday, where the central bank is widely expected to keep interest rates unchanged, along with its... (continue reading...)
By Stephen Culp
NEW YORK (Reuters) -U.S. stocks rebounded on Friday as investors hunted for bargains at the end of a tumultuous week in which U.S. President Donald Trump's escalating trade war fueled recession fears and doused risk appetite.
A broad rally boosted all three major U.S. stock indexes to solid gains, with recently battered tech-related megacaps enjoying a comeback. Every one of the so-called Magnificent 7 artificial... (continue reading...)
By Stephen Culp
NEW YORK (Reuters) -Wall Street ended sharply lower on Thursday and the S&P 500 confirmed it is in a correction after cool inflation data was overshadowed by fears that the escalating tariff war being waged by the United States against some of its biggest trading partners could reignite inflation and tip the economy into recession.
In the latest episode of Trump's multi-front trade war, the European Union responded to blanket... (continue reading...)
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