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Fred Imbert’s Posts
The Dow Jones Industrial Average slipped on Tuesday from a record high set earlier in the day after President Donald Trump cast doubt on the trade progress between China and the U.S.
The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell that signaled easier monetary policy could be implemented later this month.
Stocks jumped to record highs Wednesday after testimony from Federal Reserve Chair Jerome Powell bolstered the case for easier monetary policy in the U.S.
President Donald Trump said Tuesday the U.S. needs to stand up to India on the trade front.
Stocks fell on Monday as losses in Apple shares pressured the broader tech sector. Investors also braced for key testimony from the top Federal Reserve official later this week.
U.S. stocks jumped on Monday after the U.S. and China agreed to hold off on slapping additional tariffs on their products in an effort to resume trade talks.
President Donald Trump went after European Central Bank President Mario Draghi on Tuesday for opening the door for more monetary stimulus in Europe, which would weaken the euro relative to the dollar.
Stocks surged on Tuesday after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit, boosting hope for a U.S.-China trade deal.
The Federal Reserve is expected to cut interest rates multiple times this year, but the economic backdrop driving those cuts could have vastly different implications for the stock market, history shows.
Broadcom led a plunge in chip stocks Friday after the chipmaker missed revenue expectations and lowered guidance for 2019 citing a “broad-based” slowdown in demand and the U.S. crackdown on Huawei.
CEOs became less optimistic about the U.S. economy as the Trump administration ratcheted up trade tensions with key partners, according to the latest Business Roundtable survey.
Basketball superstar Kevin Durant’s injury may have reshaped the outlook of the NBA’s upcoming free agency period, but it also sent ripples through Wall Street.
Larry Kudlow, director of the National Economic Council, said Tuesday that the U.S. economy will continue to grow at a strong pace through the rest of 2019 even if the U.S. and China don’t reach a trade deal.
President Donald Trump said Tuesday the U.S. dollar is at a disadvantage compared to other major currencies like the euro as other central banks keep interest rates low while the Federal Reserve’s rates are higher by comparison.
Stocks fell on Monday, the first trading day of the month, as investors fretted over the possibility of tech giants like Alphabet and Facebook facing tighter regulations.