{"id":1458,"date":"2025-07-17T21:54:04","date_gmt":"2025-07-17T21:54:04","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/1458\/"},"modified":"2025-07-17T21:54:04","modified_gmt":"2025-07-17T21:54:04","slug":"live-market-updates-traders-shrug-off-fed-worries-to-send-wall-st-to-fresh-records","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/1458\/","title":{"rendered":"Live market updates: Traders shrug off Fed worries to send Wall St to fresh records"},"content":{"rendered":"<p class=\"paragraph_paragraph___QITb\">US shares continue to power to fresh record highs, even as traders look nervously on as the threat of Donald Trump trying to remove Federal Reserve chair Jerome Powell lingers.<\/p>\n<p class=\"paragraph_paragraph___QITb\">While Trump yesterday said it was highly unlikely he would remove Powell before his term is due to finish in May next year, the administration has sharpened its attacks over a $US2.5 billion renovation of the Fed headquarters, which has been seen as another way to try and force the Fed chair out early.<\/p>\n<p class=\"paragraph_paragraph___QITb\">None of this bothered traders overnight, however.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The S&amp;P 500 index rose 0.5% to 6,297 points, yet another record, while the Nasdaq&#8217;s even bigger 0.7% gain continued its march higher.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The Australian dollar has steadied after sliding on yesterday&#8217;s weak jobs numbers, and was worth 64.85 US cents.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Stick with us for all the latest market action, and coverage of J Powell&#8217;s own Fed version of Grand Designs.<\/p>\n<p>Loading<\/p>\n","protected":false},"excerpt":{"rendered":"US shares continue to power to fresh record highs, even as traders look nervously on as the threat&hellip;\n","protected":false},"author":2,"featured_media":1459,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[2001,64,63,166,2009,99,2003,2005,160,2010,171,2007,2006,2008,2002,2004,1491],"class_list":{"0":"post-1458","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-asx","9":"tag-au","10":"tag-australia","11":"tag-australian-dollar","12":"tag-bitcoin","13":"tag-business","14":"tag-dollar","15":"tag-dow-jones","16":"tag-live-blog","17":"tag-live-update","18":"tag-markets","19":"tag-nasdaq","20":"tag-nyse","21":"tag-sp","22":"tag-share-market","23":"tag-stocks","24":"tag-wall-street"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/1458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=1458"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/1458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/1459"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=1458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=1458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=1458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}