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Wed, February 12, 2025
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Stock Market Today: Dow flat while S&P 500 and Nasdaq fall with Powell testimony in focus


Published on 2025-02-11 14:01:10 - MarketWatch
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  • Follow all the latest U.S. market action for Tuesday here as investors get ready for testimony from Fed Chair Jerome Powell, a day ahead of the next inflation report.

The article from MarketWatch discusses the current state of the U.S. stock market, focusing on the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite, which are all poised to give back some of their recent gains. Investors are particularly attentive to Federal Reserve Chairman Jerome Powell's upcoming testimony before Congress, where he is expected to discuss monetary policy, inflation, and economic outlook. The market's reaction is anticipated to be influenced by any hints on future interest rate decisions. Additionally, the article mentions other economic indicators and corporate earnings that could sway market sentiment, including a slight uptick in consumer confidence and ongoing concerns about inflation and potential economic slowdown. The overall mood is cautious, with investors weighing the implications of the Fed's next moves against a backdrop of mixed economic signals.

Read the Full MarketWatch Article at:
[ https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-500-and-nasdaq-set-to-give-back-gains-with-powell-testimony-in-focus ]
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