Stocks post back-to-back losses after Powell cools rate-cut hopes

South Africa News News

Stocks post back-to-back losses after Powell cools rate-cut hopes
South Africa Latest News,South Africa Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

U.S. stocks ended lower on Thursday, marking a second straight loss for the S&P and Dow, as equity investors hopeful of further policy easing remain...

U.S. stocks ended lower on Thursday, marking a second straight loss for the S&P and Dow, as equity investors hopeful of further policy easing remain disappointed from the fallout of the Federal Reserve's Wednesday meeting. The S&P 500 SPX, -0.21% was down 0.2% to end near 2,918. The Dow Jones Industrial Average DJIA, -0.46% slipped 122 points, or 0.4%, to end around 26,308. The Nasdaq Composite COMP, -0.16% fell 0.2% to finish around 8,037.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dow drops more than 150 points after Fed's Powell dashes rate-cut hopesDow drops more than 150 points after Fed's Powell dashes rate-cut hopesAfter a strong start to the trading day, the Dow dropped more than 160 points after Fed Chair Powell crushed hopes of lower rates. Real estate was the only sector to finish in the green.
Read more »

World stocks fall, dollar gains on Powell commentsWorld stocks fall, dollar gains on Powell commentsGlobal equities lost ground on Wednesday, snapping a three-day winning streak af...
Read more »

Australian stocks set to slip; Fed's Powell hints there won't be rate cutsAustralian stocks set to slip; Fed's Powell hints there won't be rate cutsStocks in Australia were set to decline at the open on Thursday, following the U.S. Federal Reserve's monetary policy decision and hints that the central bank is not considering a cut in interest rates at this moment.
Read more »

US futures signal a muted open after Powell comments send stocks lowerUS futures signal a muted open after Powell comments send stocks lowerU.S. stock index futures were higher on Thursday morning, as market participants digested comments from the Federal Reserve.
Read more »

Stocks in Asia set to slip after overnight Dow declineStocks in Asia set to slip after overnight Dow declineShares in Asia were set to decline at Friday's open after the Dow Jones Industrial Average dropped more than 100 points overnight.
Read more »

Stocks edge higher as Apple results boost Dow, tech sharesStocks edge higher as Apple results boost Dow, tech sharesStock futures push higher on Wednesday, pointing to potentially more records for major indexes as Apple Inc. shares climbed in premarket on an upbeat...
Read more »

S&P 500 nudges lower as industrials dragS&P 500 nudges lower as industrials dragThe S&P 500 down as a dive in industrial stocks and concerns about slowing global growth eclipsed gains in Facebook and Microsoft via ReutersTV
Read more »

Stocks making the biggest moves midday: Beyond Meat, Tesla, Eventbrite & moreStocks making the biggest moves midday: Beyond Meat, Tesla, Eventbrite & moreThese are the stocks posting the largest moves midday Thursday.
Read more »

Slide in energy stocks push Wall Street lowerSlide in energy stocks push Wall Street lowerWall Street's main indexes slipped on Thursday, as a slide in energy stocks...
Read more »

Wall Street set for mixed open with earnings in spotlightWall Street set for mixed open with earnings in spotlightU.S. stocks were set for a flat to slightly higher open on Thursday, as investor...
Read more »

European markets seen lower after comments from Fed's PowellEuropean markets seen lower after comments from Fed's PowellEuropean stocks are set to follow their U.S. counterparts lower after the Fed chairman hinted that lower rates may not be in the cards.
Read more »



Render Time: 2025-04-25 23:23:47