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home / news releases / POWL - Wall Street Lunch: Powell Shuts The Door On March Rate Cut


POWL - Wall Street Lunch: Powell Shuts The Door On March Rate Cut

2024-01-31 16:31:00 ET

Summary

  • Stocks sink as Fed chief Jay Powell suggests no rate cut in March.
  • Boeing suspends 2024 financial forecast due to 737 problems.
  • Walmart plans to open more stores in the US over the next five years.

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Stocks sink as Fed chief Jay Powell calls a March interest rate cut unlikely . (0:17) Boeing suspends 2024 guidance amid 737 problems. (4:23) Walmart switches gears to open new stores . (4:57)...

For further details see:

Wall Street Lunch: Powell Shuts The Door On March Rate Cut
Stock Information

Company Name: Powell Industries Inc.
Stock Symbol: POWL
Market: NASDAQ
Website: powellind.com

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