The Latest Breaking News from Jerome Powell

December S&P 500 E-Mini futures (ESZ24) are down -0.14%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.12% this morning as market participants looked ahead to an earnings report from semiconductor stalwart Nvidia, a new batch of U.S. economic data, and comments from Federal Reserve officials.

A warning from US central bank boss Jerome Powell that reductions in borrowing costs were not preset dented optimism last week, while traders were also keeping tabs on the president-elect's cabinet choices, with several China hawks lined up.

Shares are mixed in Asia after U.S. stocks fell to their worst loss since Election Day

Asian markets were mixed Monday following a sell-off on Wall Street as investors scale back their bets on Federal Reserve interest rate cuts owing to worries Donald Trump could reignite inflation.

Stocks could use a good jolt after last week's Fed-induced selloff.

The Trump trade waned somewhat with the key indexes retreating for the week. Shopify was a big earnings winner, while bitcoin kept surging.

Consumers may grumble about inflation, but they haven't stopped spending.

October retail sales were solid after in-line inflation data and Jerome Powell's comments casting doubt on Fed rate cuts. The S&P 500 fell.

The uncertain performance came at the end of a painful week fuelled by worries about another disruptive China-US trade war.

Stocks finish down for the week amid the ongoing selloff in Treasury bonds.

December S&P 500 E-Mini futures (ESZ24) are down -0.58%, and December Nasdaq 100 E-Mini futures (NQZ24) are down -0.90% this morning after Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to lower interest rates, while investors geared up for a flurry of U.S. economic data,…