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Elon Musk, Wall Street
The fight over Jerome Powell puts Elon Musk at odds with Wall Street
The markets are a strong counter to Musk's influence and Trump's inclination to undermine the Federal Reserve, Wall Streeters told BI.
Elon Musk wants Trump to disrupt Wall Street with his Treasury pick
As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who won’t be “business as usual” on Wall Street.
Elon Musk backs Howard Lutnick as agent for ‘change’ at US Treasury
Your guide to what the 2024 US election means for Washington and the world Elon Musk has thrown his support behind Howard Lutnick over fellow Wall Street investor Scott Bessent in the race to be Donald Trump’s new Treasury secretary,
Wall Street, Fed
Wall Street edges higher after inflation data keeps Fed rate-cut hopes intact
The consumer price index rose 0.2% in October for the fourth straight month, and advanced 2.6% on an annual basis.
Nasdaq falls 2%, S&P, Dow drop as Wall Street rethinks pace of rate cuts
Major averages dropped Friday as Wall Street reassessed what's next for the Federal Reserve's rate-cutting cycle, driving stocks further into the red for the week following a massive advance fueled by Donald Trump's re-election as U.
Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with expectations, adding support to bets that the U.S.
Wall Street, Stocks and Election Day
Stocks tumble on Wall Street as the ‘Trump bump’ fades and vaccine makers sink
U.S. stocks suffered their worst loss since election day as the boost from Donald Trump's victory and a Federal Reserve interest rate cut kept fading.
Stock market today: Wall Street falls toward worst loss since Election Day as vaccine makers sink
U.S. stocks are falling Friday toward their worst loss since Election Day as the big bump Wall Street got from last week's victory for Donald Trump and cut to interest rates by the Federal Reserve keeps fading.
Stocks Fall as Wall Street’s Election Enthusiasm Subsides
The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.
2d
Wall Street struggles for direction after in-line monthly producer prices
Wall Street's main indexes edged lower in choppy trading on Thursday after monthly producer prices rose as expected.
9d
Wall Street Reacts to the Fed Decision
Here's what Wall Street has to say following the Fed's quarter-percentage-point rate cut: "The potential for future trade and ...
9d
on MSN
Wall Street Has Best Fed Day of 2024 Across Assets: Markets Wrap
US stocks are extending gains, with traders expecting the Federal Reserve to cut interest rates later on Thursday. The S&P ...
3d
on MSN
Inflation Data Boots Wall Street as Stocks Hover Near Records
The new numbers have boosted hopes that more help for the economy will arrive next month from another cut to interest rates.
Detroit Free Press
7d
Trump’s win sends Wall Street to record highs; Fed cuts interest rates
President-elect Donald Trump's election as the 47th president of the United States sent
Wall
Street
into a frenzy, driving major stock indexes to once again break record highs. Investors are ...
1d
on MSN
Stocks Tumble As Traders Rethink Fed's Action, VIX Spikes 17%, Nasdaq Erases Post-Trump Gains: What's Driving Markets Friday?
Risk aversion dominated Wall Street in the final session of the week, driving sharp losses across major indices. Investors ...
1d
on MSN
Boston Fed president says December rate cut not a 'done deal', WSJ reports
Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate ...
Yahoo
3d
Inflation ticked up slightly, but was consistent with Wall Street's expectations
Inflation sped up slightly in October, but fell in line with expectations on the heels of the Federal Reserve’s second ...
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