Market Report - US Close

US close: Stocks lifted by Powell's steady hand, tariff talks

By Benjamin Chiou

Date: Wednesday 07 May 2025

(Sharecast News) - Wall Street stocks finished higher on Wednesday as a calm and measured statement from Federal Reserve chair Jerome Powell eased fears, along with increased optimism regarding trade talks between the US and China.
Despite a temporary sell-off after the Fed decision, markets erased losses by the close as...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page