Reported about 16 hours ago
A dramatic trading day unfolded as President Trump denied reports of firing Fed Chair Jerome Powell, leading to a recovery in Wall Street while the dollar and short-dated Treasury yields decreased. Trump's aggressive calls for 300 basis points in rate cuts raise concerns about potential market impacts, overshadowed by a climate of skepticism. As investors navigate this political saga, key economic reports and corporate earnings loom on the horizon.
Source: YAHOO