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Stocks rocked after Fed's Powell talks tariff impact [Yahoo! Finance]
Last starbucks corporation earnings: 4/28 04:05 pm
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moves, mainly because President Donald Trump's tariffs are, in his view, larger than expected. He messaged that while channeling the fictional character Ferris Bueller from the 1986 film "Ferris Bueller's Day Off." "As that great Chicagoan Ferris Bueller once noted, ‘Life moves pretty fast.' For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance," he said in prepared remarks at the Economic Club of Chicago. Fed's Powell Says Central Bank Could Face 'Challenging Scenario' Due To Tariffs All three of the major averages, which were already lower in midday trading, slipped deeper into the red at the closing bell. The Nasdaq Composite bore the brunt of losses, falling over 3%, with Tesla, Starbucks and Amazon among the biggest losers, while Dollar Tree and Seagate posted gains. Read On The Fox Business App Technology stocks led the S&P 500's drop of more than 2%, while consumer discretionary and communica
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