Stock Market Today: Dow Drops After Hawkish Remarks From Powell

Text size Fed Chairman Jerome Powell’s speech scheduled for Friday has hung over markets all week. Drew Angerer/Getty Images The stock market was falling Friday, as Federal Reserve Chairman Jerome Powell made hawkish remarks about monetary policy at the annual Jackson Hole Symposium, even in the face of declining inflation. After Powell’s comments, the Dow … Read more

Stock Market Today: Dow Futures Slip as Pelosi Goes to Taiwan, BP Surges

Text size House Speaker Nancy Pelosi is set to arrive in Taiwan Tuesday. Chip Somodevilla/Getty Images China isn’t the only one upset about Nancy Pelosi’s visit to Taiwan—the stock market is concerned, too. Dow Jones Industrial Average futures have fallen 176 points, or 0.5%, while S&P 500 futures have declined 0.6%, and Nasdaq Composite futures … Read more

European stocks rally as Ukraine’s president cools to NATO membership

European stocks rallied at the start of trade on Wednesday, buoyed by an interview from Ukraine’s president in which he appeared to make major concessions. The Stoxx Europe 600 SXXP, +3.37% rose 2.2% to 424.28, helped by a rally in the beleaguered banking sector. Gainers included BNP Paribas BNP, +9.12%, Adidas ADS, +10.20% and Deutsche … Read more