Dow Jones Industrial Average (^DJI)
| Previous close | 37,815.92 |
| Open | 37,845.60 |
| Volume |
| Day's range | 37,780.54 - 38,349.20 |
| 52-week range | 32,327.20 - 39,889.05 |
| Avg. volume | 344,506,229 |
Yahoo FinanceJay Powell won't give in to the market's biggest fear: Morning Brief
As interest rate cuts get pushed into the future, investors fear potential rate hikes. Fed Chair Jerome Powell, however, appears not to share these worries.
- Yahoo Finance Video
Earnings concerns outweigh Fed on Wall Street: Market takeaways
Federal Reserve Chair Jerome Powell spoke during a press conference on Wednesday following the Fed's two-day policy meeting. The chairman explained that the Fed was not considering rate hikes and that the presidential election was not part of its thinking. But investors are preoccupied with earnings and future directions for AI, Yahoo Finance Head of News Myles Udland says. Udland joins Market Domination Overtime to give insight into Powell's comments and the market's reaction. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Yahoo FinanceFed holds interest rates at 23-year high, citing 'lack of further progress' on inflation
The Fed is expected to keep interest rates at a 23-year high Wednesday, but investors will be listening for any signs of how long they will have to wait before cuts can begin.
