Stocks sink as Fed Chair Jerome Powell promises 'forceful and rapid' action on inflation

CNN Business: Markets Now
 
  Advertisement
News: What you need to know about the markets
 
 
Stocks sink as Fed Chair Jerome Powell promises 'forceful and rapid' action on inflation
Read more »
 
All eyes will be on Jerome Powell at the Fed's Jackson Hole economic summit
Inflation talk is expected to dominate the Federal Reserve's annual summer gathering in Jackson Hole, Wyoming, which kicked off Thursday evening. Read more »
 
This closely watched inflation measure showed some cooling in July
The Federal Reserve's favored inflation indicator showed that prices took a breather in July as energy prices continued to fall from record highs. Read more »
 
China and US sign deal that could avert mass stock delistings
The US audit regulator said on Friday it has signed an agreement with Chinese regulators, taking a first step toward inspecting and investigating registered accounting firms in China and Hong Kong. Read more »
 
Russia is burning off millions of dollars in gas every day. Here's why
Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even as it threatens to push Europe into a winter energy crisis by restricting exports to Germany and other countries. Read more »
 
All eyes on Jerome Powell at the Fed's Jackson Hole economic summit
Inflation talk is expected to dominate the Federal Reserve's annual summer gathering in Jackson Hole, Wyoming, which kicked off Thursday evening. Read more »
 
 
 
 
Dow Nasdaq S&P
0.00   -497.56   -141.46
32,283.40   12,141.71   4,057.66
0.00%   -3.94%   -3.37%
YTD -11.16%   YTD -22.39%   YTD -14.87%
 
Biggest Winners
Molina Healthcare Inc +3.36%
 
CF Industries Holdings Inc +0.81%
 
Conocophillips +0.04%
Biggest Losers
3M Co -9.54%
 
HP Inc -8.94%
 
Hewlett Packard Enterprise Co -7.22%
 
VF Corp -6.56%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $93.00 +0.48 / +0.52%
Gold $1,751.00 -20.40 / -1.15%
10-yr 3.04% +0.01
Euro $1.00 -0.00 / -0.10%
More Markets Now
 
Watch the live digital show, now every Wednesday 12 p.m.
to 12:15 p.m. ET.
Hi, let us know what you
think of this newsletter!
 
Tell us what you want to read more of... and less of.
Email your tips and feedback to MarketsNow@cnn.com
Sign up for
Reliable Sources
newsletter
  Sign up for
Before the Bell
newsletter
 
 
Tips, thoughts or questions are always welcome at
MarketsNow@cnn.com
 
Want to change how you receive these emails?
You can unsubscribe from this list
 
® © 2022 Cable News Network Inc.
A WarnerMedia Company. All Rights Reserved.
You are receiving this message because you subscribed to
CNN Business's "Markets Now" newsletter.

Our Mailing address is:
Cable News Network, Inc.
1 CNN Center
Atlanta, GA 30303
 
                                                 

Comments