Stock market today: Dow, S&P 500, Nasdaq steady as Trump wavers on Kevin Hassett as next Fed chair
View original at finance.yahoo.comStock market today: Dow, S&P 500, Nasdaq steady as Trump wavers on Kevin Hassett as next Fed chair US stocks pared gains on Friday as uncertainty over the next Fed chair weighed on markets, while strong bank earnings and ongoing geopolitical tensions capped a volatile week…
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Moving Hassett to Fed would mean losing him from current role
80% confidenceSmall-cap earnings are just beginning to take off after two-year earnings recession
80% confidenceAffordability conditions taking toll on lower and mid-range housing sectors
80% confidenceLower interest rates help small caps as 40% of Russell 2000 debt is variable
80% confidenceTrump wants to keep Kevin Hassett as NEC director rather than naming him Fed Chair
80% confidenceTehran's crackdown on protesters is easing
80% confidenceSmall caps can outperform for over a decade when they begin outperforming
80% confidenceFed sees risks to job market and should be ready to cut rates
80% confidenceASML shares could surge 70% in bull case
80% confidenceMay use tariffs in pursuit of Greenland acquisition
80% confidenceInvestors pondering what would push 10-year yields to 4.25% or 4.05%
80% confidence
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