The Latest Breaking News from US Federal Reserve

The S&P 500 Index ($SPX ) (SPY ) today is up +3.30%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +2.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +4.03%. June E-mini S&P futures (ESM25 ) are up +3.13%, and June E-mini Nasdaq futures...

President Trump said tariffs on China will "come down substantially," though they will not be reduced to zero.

The dollar index (DXY00 ) today is up by +0.57%. The dollar is climbing today due to an easing of the harsh trade rhetoric against China after President Trump said he plans to be “very nice” to China in any talks and that tariffs will drop if the two countries...

U.S. markets opened with big gains Wednesday amid clear signs of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve and Treasury Secretary Scott Bessent said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the…

Volatility has plagued stocks in recent months, and major indexes are down since Trump’s election in November.

The S&P 500 Index ($SPX ) (SPY ) today is up +3.14%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +2.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +3.74%. June E-mini S&P futures (ESM25 ) are up +3.08%, and June E-mini Nasdaq futures...

President Trump wants to slash tariffs on China and will let Fed chief Jerome Powell keep his job.

All major indices show substantial early gains.

Bringing further relief to global markets spooked by his aggressive trade policies, Trump also said on Tuesday he had no intention of firing US Federal Reserve Chair Jerome Powell.

Powell might have escaped Trump's one-sided battle with the Fed unscathed.

Investor optimism built off Bessent's remarks went into overdrive after President Donald Trump told reporters in the Oval Office that he had "no intention" of firing Fed Chair Jerome Powell.