Reported 9 days ago
US stock markets fell on Thursday, with the Dow Jones down 0.5%, S&P 500 down 0.6%, and Nasdaq down 0.7%, as Federal Reserve Chair Jerome Powell indicated that the Fed is not in a hurry to lower interest rates due to the economy's strength. Powell's remarks led to investor uncertainty amid mixed signals on inflation, while sectors like vaccine stocks also saw declines. The Republican party retained a slim House majority, raising questions about policy impacts on the market.
Source: YAHOO