Powell comments on inflation and the stock market wobbles as earnings roll in
Stocks wobble as investors digested results from Bank of America and other heavyweights. Stocks eyed a broader comeback from a steep sell-off. Powell comments on inflation may be the reason for the market to wobble in the wake of earnings results from the bank. The market is expected to bounce back from a three-week slump on Friday.
Stocks wobble as investors digested results from Bank of America and other heavyweights. Stocks eyed a broader comeback from a steep sell-off. Powell comments on inflation may be the reason for the market to wobble in the wake of earnings results from the bank. The market is expected to bounce back from a three-week slump on Friday.
Signs that inflation has yet to release its grip on markets have simmered for weeks. Now they're boiling over after Wednesday's hotter-than-forecast consumer price index sent stocks and bonds reeling. Wednesday’s hotter than forecast inflation index sent markets reeling.