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Stock impact report

Wall St. Climbs on Powell Comments, Earnings [The New York Times]

Meta Platforms, Inc. - Class A (FB) 
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm Check Earnings Report
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By Reuters July 17, 2018 NEW YORK — Wall Street stocks rose on Tuesday, with the Dow Jones Industrial Average posting its fourth consecutive session of gains after Federal Reserve Chairman Jerome Powell expressed an optimistic U.S. economic view and solid earnings bolstered the outlook for a robust reporting period. In written statement Powell signaled that an era of stable economic growth may continue, but the Fed chairman was challenged in a congressional hearing by senators worried about the Trump administration's trade policies. (Powell) suggested that they're keeping an eye on trade developments and people are looking at that as a signal that they may moderate their rate increases if they see some signs of danger, said Peter Jankovskis, co-chief investment officer at OakBrook Investments LLC in Lisle, Illinois. The U.S. Treasury yield curve hit its flattest in over a decade as Powell's upbeat economic view supported more rate hikes, with 2-year yields climb Show less Read more
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