Stock Market Today: Powell Sends Stocks On Roller-Coaster Ride

All three main indexes finished lower after Powell said (again) that inflation is still too high.

Federal Reserve Chair Jerome Powell speaking at podium at the Economic Club of New York
(Image credit: Spencer Platt/Getty Images)

Stocks were choppy in the lead up to this afternoon's speech from Federal Reserve Chair Jerome Powell, with tech- and tech-adjacent stocks outperforming on impressive Netflix (NFLX) earnings. 

However, the main benchmarks went on a roller-coaster ride after Powell took the podium, eventually ending the day with a thud.   

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.