The Latest Breaking News from US Federal Reserve

Forward-looking commentary from a major retailer outweighed its backward-looking results as all three major equity indexes retreated on Thursday.

The dollar index (DXY00 ) Thursday tumbled to a 2-1/4 month low and finished down by -0.72%. Thursday’s comments from Treasury Secretary Bessent sent T-note yields lower and weighed on the dollar when he said any move by the Treasury to boost the share of longer-term Treasuries in government debt...

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.34%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.27%. March E-mini S&P futures (ESH25 ) are down -0.30%, and March E-mini Nasdaq futures...

The losses come despite a second-straight record close on Wall Street and follow a recent rally as traders have rolled with the president's latest tariff salvos, betting that they are being used as negotiating tactics.

President Trump is plowing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.

March S&P 500 E-Mini futures (ESH25) are down -0.15%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.17% this morning as investors assess tariff and geopolitical risks, while also awaiting a raft of U.S. economic data, remarks from Federal Reserve officials, and an earnings report from retail giant Walmart.

Asian markets turned negative Thursday amid Federal Reserve concerns that US President Donald Trump's tariffs and immigration measures could reignite inflation.

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.24%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.05%. March E-mini S&P futures (ESH25 ) rose +0.13%, and March E-mini Nasdaq futures...

The president warned of 25% tariffs being levied on automobiles, semiconductor chips and pharmaceutical imports.