Fed, Wall Street
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Investors are fretting over the pace of rate cuts and pricey valuations of heavyweight artificial intelligence stocks that have fueled much of the U.S. stock market's gains in recent years.
A slowing job market is one of the main reasons Wall Street expects the Fed to announce another cut to interest rates on Wednesday. It would be the second time this year that it's lowered the federal funds rate in hopes of helping the job market.
Wall Street stocks ended mixed on Friday as investors looked ahead to Nvidia's quarterly results next week and
NEW YORK] Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an
Wall Street was set to open in the red on Thursday as investors awaited indications on the U.S. economy and the monetary policy path after President Donald Trump signed a bill ending the longest government shutdown in the country's history.