Asia stocks set to slide as Fed's Powell temper rate cut expectations [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Asia stocks set to slide as Fed's Powell temper rate cut expectations Stocks in Asia were set to open lower on Wednesday after Federal Reserve Chairman Jerome Powell tempered expectations for a potential interest rate cut. Futures pointed to a lower open for the Nikkei 225 Shares in Australia were also poised to decline. The SPI futures contract was at 6,558.0, as compared to the S&P/ASX 200's Asia-Pacific Market Indexes Chart Overnight stateside, Dow Jones Industrial Average S&P 500 Nasdaq Composite The moves on Wall Street came as Powell said the U.S. central bank is assessing whether current economic uncertainties call for lower rates. Powell noted the Fed will take a wait-and-see approach given how rapid recent economic changes have been, but added the Fed is " insulated from short-term political interests One strategist said Powell's comments had left the market "none the wiser in terms of whether or not the Fed will look to embark on a new easing cycle at the end of July." "Wh
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CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website