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The iShares Expanded Tech-Software Sector ETF is on pace for its biggest one-day decline since April 4 during the tariff-triggered downturn.
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Federal Reserve chief Jerome Powell said Wednesday that the U.S. jobs market seems to have stabilized after a big letdown last year, justifying a decision to leave interest rates unchanged. The latest jobless-claims report appears to support his claim.
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Critical talks underway to avoid government shutdown after Senate blocks massive funding bill CNNTrump Live Updates: Senate Blocks Spending Bill Ahead of Shutdown Deadline The New York TimesThese services are at risk if the government shuts down again AxiosSenate fails to advance spending bills as Democrats push for DHS reforms NPRIf The Government Shuts Down Again, How Could You Be Impacted? Time Magazine
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President Trump has been pressing the Federal Reserve to cut interest rates more aggressively, but the central bank voted to hold rates steady for now, as it tries to bring down inflation.
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S&P 500 falls 1% as Microsoft dive spoils Mag 7 earnings enthusiasm: Live updates CNBCStock market today: S&P 500, Nasdaq sink as Microsoft's post-earnings plunge drags tech down Yahoo FinanceStock Market Today: Gold, Silver Hit New Records; Dow Opens Higher — Live Updates The Wall Street JournalU.S. stock futures rise after Fed pause; heavyweight tech stocks in spotlight Investing.com
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