Russia's Wagner mercenary group claims its forces have taken full control of the eastern part of the Ukrainian city of Bakhmut (More) | US intelligence concludes Russia conducted malign influence operations in the 2022 US midterm elections (More) | See more updates on the war (More)
Housing market sentiment is nearing all-time lows. Fannie Mae's Home Purchasing Sentiment...
Housing market sentiment is nearing all-time lows. Fannie Mae's Home Purchasing Sentiment Index dropped this week while mortgage rates moved higher. Here's what you want to know.
US stock futures fall early Thursday, as investors pick...
US stock futures fall early Thursday, as investors pick over Powell's latest comments and get ready for the jobless claims report due before the bell. Meanwhile, Silvergate shares are sinking after the key bank for crypto firms said it will shut down. Here are the latest market moves.
Earnings on deck: Oracle, Applied Materials, and JD.com, all reporting.
Dow falls slightly as U.S. stocks end mixed after Fed Chair Powell’s testimony
U.S. stocks closed mixed Wednesday, with the Dow Jones Industrial Average booking back-to-back losses...
U.S. stocks closed mixed Wednesday, with the Dow Jones Industrial Average booking back-to-back losses after Federal Reserve Chair Jerome Powell’s second day of congressional testimony on monetary policy. The Dow DJIA, -0.18% ended 0.2% lower, while the S&P 500 SPX, +0.14% rose 0.1% and the Nasdaq Composite COMP, 0.40% gained 0.4%, according to preliminary data from FactSet. Powell said Wednesday during testimony before the U.S. House Financial Services Committee that no decision has been made on the size of its interest rate hike at its policy meeting later this month. In his testimony Tuesday before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Powell had opened the door to potentially accelerating the pace of rate hikes.
