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STOCK MARKET TODAY: Indices rise as traders try to shake off Powell's hawkish comments
Stocks are hoping to break a three-day losing streak as investors try to shake off Powell's latest comments on inflation.
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Markets could collapse if the Fed doesn't cut rates soon, and if it doesn't, it could lead to a hard landing in 2025, according to the Fed's top economist
Thorsten Slocum warned that the market could return to the conditions of 2022, when the stock market plummets into a brutal bear market.
STOCK MARKET TODAY: U.S. stock indexes mixed after hawkish Fed talk and surging bond yields
"Fed chief Simmons Powell is moving more firmly toward the hawkish side," said Quincy Krosby, LPL Financial's chief global strategist.
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