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U.S. stocks close higher on Powell's upbeat remarks-Xinhua

U.S. stocks close higher on Powell's upbeat remarks-Xinhua
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U.S. stocks close higher on Powell's upbeat remarks

NEW YORK, May 14 (Xinhua) U.S. stocks ended higher on Tuesday, though Federal Reserve Chair Jerome Powell reiterated that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. ....

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Stock Bulls Look to Earnings With Fed in a Corner: Markets Wrap

(Bloomberg) — Stocks rose as a solid earnings season propped up the market despite bets the Federal Reserve will keep interest rates higher for longer. After pulling back for the most part in April, equities staged a rebound toward the end of the month. Early results from the reporting season suggest that over 80% of… ....

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Asian Stocks Rise on Profit Optimism into Earnings: Markets Wrap

(Bloomberg) — Asian stocks rose after US shares rebounded from a $2 trillion selloff on optimism big tech leaders will announce hefty profits this week. Equity benchmarks in Hong Kong advanced, along with those in Japan and South Korea, while mainland Chinese equities slipped. Futures for US shares traded mixed after the S&P 500 topped… ....

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