U.S. stocks dip as Powell curbs early rate cut hopes
-
Loveworld / 5 months
- 0
- 1 min read
Wall Street’s main indexes lost ground on Monday after Federal Reserve Chair Jerome Powell pushed back firmly against speculation that rate cuts were imminent. The Dow shed seven-tenths of a percent, the S&P 500 dropped three-tenths and the Nasdaq lost two-tenths of a percent. In a tv interview, Powell said more evidence of a sustained […]