US stocks struggle after Powell sees no hurry to cut rates

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Estimated read time 1 min read
November 14, 2024
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US stocks struggle after Powell sees no hurry to cut rates

S&P 500 -0.6%
Nasdaq Comp -0.6%
DJIA -0.5%
Russell 2000 -1.5%
Toronto TSX Comp +0.2%

US equities opened flat but selling crept in early but really picked up after hawkish comments from Powell.

This article was written by Adam Button at www.forexlive.com.

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