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0 0.00123266563944527 0.00122958397534656 -0.00647149460708785 -0.00677966101694912 0.00246533127889055 0.0178736517719568 -0.00246533127889055
Stock impact report

The Powell Fed, China's'Zero-Covid' Policy, Energy Stocks, Trading APA and AMD [TheStreet.com]

APA Corporation (APA) 
Last apa corporation earnings: 2/26 05:26 pm Check Earnings Report
Company Research Source: TheStreet.com
Tuesday played out almost exactly as scripted. First, some hawkish Fed talk from a handful of regional district presidents put a wobble into U.S. equity index futures markets. Then, the Fed chair somehow soothed the beast at his confirmation hearing before the Senate Banking Committee. Not that Jerome Powell said anything that the senators participating or the public would like in particular, or look forward to. Rather, Powell sounded confident in his and in the central bank's ability to adapt to and tackle the Fed's dual mandates of price stability and maximum sustainable employment despite the obviously more difficult environment. Safe to say, and this is just the man in the darkened window's opinion, Powell has easily won confirmation for a second term in his current position, and has probably done so with broad bipartisan support. Prior to even getting to the hearing, the public heard from Cleveland Fed Pres. Loretta Mester, and Kansas City Fed Pres. Esther George, both of whom s Show less Read more
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