The US Fed has learned from the "taper tantrum", and will carefully choreograph words and deeds in the coming years
Reversing a recent trend, so-called growth stocks mostly outperformed value stocks viewed as more likely to outperform as the economy recovers from the coronavirus pandemic
Losses in US stocks accelerated after France's prime minister imposed a month-long lockdown on Paris and several other regions due to the health crisis
On March 31, an emergency pandemic regulatory relief measure that for the past year has allowed Wall Street banks to hold less loss-absorbing capital against certain assets is due to expire
Fed sees 2021 GDP growth of 6.5%, unemployment at 4.5%; Powell says worst economic outcomes of pandemic avoided
An exemption on the "supplemental leverage ratio" was put in place at the start of the coronavirus pandemic to encourage big banks to lend and support bond and short-term funding markets
Apple biggest boost to S&P 500, Nasdaq; retail sales drop more than expected in Feb
Diversey is seeking to raise up to $970 million in its IPO from selling about 46.2 million shares priced between $18 and $21 apiece, according to the company's filing
Manufacturing production dropped 3.1% last month, also weighed down by a global semiconductor shortage, the Federal Reserve said on Tuesday
A SPAC typically raises money to acquire a private company with the purpose of taking it public, allowing such targets to move more quickly to the public markets than via a traditional IPO
The Democratic-led US House of Representatives gave final congressional approval to the measure on Wednesday, handing the Democratic president a major victory in the early months of his term
While a rout in Chinese equities and global concerns about rising Treasury yields have weighed on shares in Asia, the US market is seen getting a boost from an impending $1.9 trillion stimulus plan
(Reuters) - Shares of U.S. gaming company Roblox Corp were set for a jump of up to 60% in its New York Stock Exchange trading debut on Wednesday, which would value the company at more than $46 billion.
10-year US Treasury yield crosses 1.5% again following Powell's comments
US bond market rout eases; shares of cruise liner and hotel operators, and carriers including Carnival Corp, Hilton, Delta Air Lines Inc and American Airlines gained between 1.8% and 4.6%
Video game retailer rose as much as 83% to $168 in New York trading
The economy is a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved, he said
"We have not decided what to do there yet and we're actually looking into that right now," Powell said during a hearing before the Senate Banking Committee
Wall Street's main indexes opened lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony before Congress
The Dow Jones Industrial Average fell 113.2 points, or 0.36%, at the open to 31381.12