Reported 2 days ago
US stock markets declined on Thursday, failing to maintain momentum from a Wednesday rally driven by reassuring comments from Federal Reserve Chair Jerome Powell about interest rates. The Dow Jones, S&P 500, and Nasdaq all showed losses after initially rising during the day, reflecting growing concerns about economic growth and inflation forecasts. President Trump intensified pressure on the Fed, suggesting that rate cuts would better support the economy amidst tariff impacts.
Source: YAHOO