Wall Street experienced a volatile session Wednesday following reports of a potential dismissal of Federal Reserve Chair Jerome Powell, triggering market fluctuations. Equities recovered after President Trump denied the reports, with the Nasdaq reaching a record high. Economic factors, including inflation concerns tied to tariffs, influenced investor sentiment. While bank earnings were strong, their stock performance was mixed.
Mark Mobius, pioneer of emerging markets investing, dies at 89
Mark Mobius, a pioneer of emerging markets investing, has died at 89. Known for decades at Franklin Templeton Investments, he championed opportunities across developing economies,
April 15, 2026