US stocks rise after Powell’s remarks

US stocks rise after Powell’s remarks

The three major indices of US stocks rose after Federal Reserve Chairman Jerome Powell said at a forum sponsored by Sweden’s central bank that the Fed’s independence is necessary to fight inflation. Shares of Jefferies Financial Group (JEF.N) rose a day...
The US dollar rises after US data

The US dollar rises after US data

The US dollar rose today with the US service sector rising for the second month in a row, and the main dollar index, which measures the performance of the US currency against 6 major currencies, rose 0.547%. Yields on the benchmark 10-year US Treasury rose 14.3 basis...
US stocks rise, led by Tesla

US stocks rise, led by Tesla

The three major US stock indexes rose today with Tesla and Nvidia shares gaining as Tesla (TSLA.O), Nvidia (NVDA.O) and Meta Platforms (FB.O) all rose more than 4%. Amazon (AMZN.O) rose 3.1%, Apple (AAPL.O) rose 1.7%, Microsoft (MSFT.O) rose 0.8%, and Philadelphia...