Powell News Today: Fed Chair’s Cautious Tone Triggers Nasdaq Volatility

Today, Federal Reserve Chair Jerome Powell outlined a cautious approach toward future interest rate changes. This instantly sparked notable volatility in the Nasdaq index. Investors are meticulously analyzing his remarks for any hints on upcoming Federal Reserve actions. Powell’s speech, often closely watched by market participants, fueled fluctuations, especially in tech stocks. With the Nasdaq’s price currently at 22,521.7, down by 172.907, Powell’s comments have certainly rattled the markets.