The S&P 500 and Dow Jones Industrial Average close at historic peaks after bulls consider Capitol Hill testimony from Federal Reserve Chairman Jerome Powell; tame inflation persists.
In this week’s recap: the Federal Reserve stands pat on interest rates, key indicators show strength, and stocks end the week little changed.
In this week’s recap: the “yield curve” inverts for the first time this decade, the Federal Reserve adjusts its stance on interest rates, and the price of oil climbs.
In this week’s recap: stocks end the week little changed after investors interpret commentary from Jerome Powell and hear that higher taxes on Chinese imports are indefinitely postponed.
In this week’s recap: the Dow extends its win streak, Fed minutes reveal a little uncertainty, and home sales weaken again.
Impressive Hiring | Healthy Service and Factory Sectors | Fed’s View of the Present and Near Future | Gains for Equities | Weekly Riddle, Quote & Tip