News

VIX plunges after Powell sparks optimism for September rate cut

Wall Street’s so-called fear gauge was dropping Friday as investors cheered Federal Reserve Chair Jerome Powell’s Jackson ...

How Stock Trades By Members of Congress Could Affect Your Portfolio and Why It Matters

A new study finds members of Congress trade more when Congress is in session and when geopolitical risk is high. They also ...

The stock market soared following Fed Chair Powell's speech. Why it might just be a 'late-summer rally.'

The Dow Jones Industrial Average DJIA soared 846 points, or 1.9%, to 45,631.74, scoring its first record finish of the year. The S&P 500 SPX gained 1.5% to end at 6,466.91, just shy of its prior ...

Wall Street rallies over hopes that the Federal Reserve will lower interest rates

Wall Street is rallying on Friday toward its best day in months after the head of the Federal Reserve hinted the cuts to ...

Bond market's inflation expectations send worrisome message after Powell's speech

Market-based expectations of long-term inflation were rising on Friday, suggesting the Federal Reserve could be ...

Powell fires up markets, but some investors see reason for caution

Investors cheered Federal Reserve Chair Jerome Powell's Jackson Hole address, which gave a green light to buy risky assets on ...