Stocks slide deeper into the red after Fed chair’s ‘stagflation’ warning reignites tariff fears
A tech selloff led the major indexes lower, while the Fed chair's warning on tariffs accelerated trade war fears.
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Bloom Energy, Rogers, 3D Systems, Moderna, and EchoStar Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Stocks slide as Powell warns of impact of tariffs on the economy
US stocks fell Wednesday as Federal Reserve Chair Jerome Powell warned that President Donald Trump’s tariffs are unprecedented in modern history, with effects that “remain highly uncertain.”
Sunrun, Sphere Entertainment, Installed Building Products, AMC Entertainment, and American Airlines Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Applied Industrial, AGCO, Quanex, Lucid, and RXO Stocks Trade Down, What You Need To Know
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
Jerome Powell sounds warning on Trump’s tariffs: ‘Highly likely’ to raise prices, ‘continued volatility’ in the markets, and the looming threat of stagflation
In a speech on Wednesday, Federal Reserve Chair Jerome Powell warned of higher prices, “continued volatility” in the markets, and the looming threat of stagflation.
'Wild time': Wall Street strategists warn of uncertain outlook amid Trump's tariffs
President Donald Trump’s “Liberation Day” tariffs set off one of the most volatile periods of stock trading in U.S. history – and uncertainty still looms over Wall Street, analysts told ABC News. Tariffs remain the primary mover of stock prices, putting market strategists and everyday investors in the near-impossible position of anticipating Trump’s next decision and its potential fallout, the analysts said. Analysts warned of a possible economic downturn that would pummel stocks but urged investors to hold on to shares if they can resist the temptation to sell, since markets typically rise over the long term.