Fed's Powell to Speak at 1:30pm Eastern
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- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
SPDR S&P 500 ETF Trust (SPY) Drops Heavily on Powell Comments, Down 150bps today
April 16, 2025 1:37 PM EDTSPDR S&P 500 ETF Trust (NYSE: SPY) Drops Heavily on Powell Comments, Down 150bps today
... MoreFed's Hammack: Modestly Restrictive Stance is Appropriate
April 16, 2025 12:00 PM EDTFed's Hammack: Modestly Restrictive Stance is Appropriate
... MoreNAHB Housing Market Index (Apr) 40 vs 38 Expected
April 16, 2025 10:00 AM EDTNAHB Housing Market Index (Apr) 40 vs 38 Expected
... MoreBusiness Inventories (Feb) 0.2% vs -0.2% Expected
April 16, 2025 10:00 AM EDTBusiness Inventories (Feb) 0.2% vs -0.2% Expected
... More245% China tariff causes market confusion
April 16, 2025 9:25 AM EDTInvesting.com -- The markets were hit with more tariff confusion on Wednesday after the White House posted a fact sheet overnight showing that China now faces a tariff of up to 245% on imports of certain goods to the U.S.
The... More
Industrial Production (Mar) -0.3% vs -0.2% Expected
April 16, 2025 9:15 AM EDTIndustrial Production (Mar) -0.3% vs -0.2% Expected
... MoreWhite House says 245% tariffs for some Chinese exports is not a new increase
April 16, 2025 9:03 AM EDTThe White House says 245% tariffs for some Chinese exports is not a new increase.
The White House said this is the breakdown of the tariffs China faces:
125% reciprocal tariff20% tariff to address fentanyl crisisSection 301 tariffs on specific goods, between 7.5% and 100%... MoreRetail Sales Advance (Mar MoM) 1.4% vs 1.4% Expected
April 16, 2025 8:30 AM EDTRetail Sales Advance (Mar MoM) 1.4% vs 1.4% Expected
... MoreMBA Mortgage Applications -8.5% vs 20% Prior
April 16, 2025 7:00 AM EDTMBA Mortgage Applications -8.5% vs 20% Prior
... MoreGlobal S&P Futures mixed in premarket
April 16, 2025 5:35 AM EDTGlobal S&P Futures mixed in premarket, Nikkei down, DAX mixed, WTI Crude oil recently at $62, natural gas down 2%, gold at $3345
... More