No longer a case of "The Boy Who Cried Wolf"? The New York Federal Reserve comments that this time, "Powell Pivot" will be more sustainable than at the end of last year.

Nowadays, the threshold for Fed rate cuts is lower than in previous months and the situation has changed. Powell believes that inflation is returning to normal and the labor market is clearly weakening, further weakness is unnecessary and unwanted.

wallstreetcn22:08 ET

Stocks Are Due for a Correction, This Veteran Trader Predicts - but He's Staying Invested

The stock market now is 'numb to all news'.

MarketWatch21:06 ET

US Stock Futures Edge Lower With CPI Data Set to Offer More Rate Cues

US stock index futures fell slightly in evening deals on Wednesday, cooling after a recent rally on Wall Street as focus turned towards upcoming inflation data to set the stage for interest rate cuts by the Federal Reserve.

Investing19:48 ET

CFRA Sees 3 Clues From Powell's Congressional Testimony About the Timing of Rate Cuts

Seeking Alpha18:49 ET

Seven Sessions and Five All-Time Highs in a Row | Wall Street Today

US stocks advanced for the seventh session on Wednesday, lifting the

Moomoo Recap US16:49 ET

S&P 500 Cracks 5,600 Joins Nasdaq At Fresh Highs Wednesday

US stocks advanced for the seventh day in a row on Wednesday, lifting the S&P 500 above 5,600 for the first time ever.In addition to a 0.7% gain for the S&P 500, the Dow Jones Industrial Average

MT Newswires16:01 ET · Markets