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Stephen Culp

Reporter

Indexed articles, last 90 days
8
Latest publication
Sep 16, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 13, 2026

Latest articles

  1. Article · Sep 16, 2026 · By Stephen Culp and Tharuniyaa Lakshmi

    Wall St ends lower after Fed hikes interest rates, sees more tightening ahead (opens the original)

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    NEW YORK, Sept 16 (Reuters) - US stocks whipsawed lower on Wednesday after the Federal Reserve raised its key interest rate for the first time in over three years to fight stubbornly high inflation stemming from soaring crude oil prices during ‌the US-Israeli war on Iran. In its accompanying statement, the Fed said its decision was unanimous and more tightening is likely in the near ‌future to effect a timelier drop in inflation. "As widely expected, the Fed hiked interest rates for the first ti

  2. Article · Sep 4, 2026 · By Stephen Culp and Niket Nishant

    Wall Street ends lower as solid jobs data fuels hawkish Fed bets (opens the original)

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    NEW YORK, Sept 4 (Reuters) - Wall Street dipped on Friday as a robust jobs report raised the probability that the U.S. Federal Reserve will increase its key interest rate at this month's monetary policy meeting. All ‌three major U.S. indexes closed lower amid a broad selloff ahead of the three-day holiday weekend. For the week, the indexes ‌were essentially unchanged. The Labor Department's August employment report showed the U.S. economy added 162,000 jobs last month, nearly three times the 56,

  3. Article · Sep 3, 2026 · By Stephen Culp and Niket Nishant

    Wall Street ends sharply higher as Waller remarks ease rate hike fears (opens the original)

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    NEW YORK, Sept 3 (Reuters) - Wall Street rallied on Thursday as investors curbed their rate hike bets after U.S. Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data shows ‌inflationary pressures are abating. All three major U.S. stock indexes closed at least 1% higher, with the Nasdaq enjoying a boost from the "Magnificent Seven" ‌group of AI-related megacap stocks. All three indexes were on track for weekly gains. Fed Governor Chris

  4. Article · Aug 31, 2026 · By Stephen Culp and Niket Nishant

    Wall Street closes lower as oil prices jump, indexes notch monthly gains (opens the original)

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    NEW YORK, Aug 31 (Reuters) - U.S. stocks weakened on Monday, with Wall Street turning the page on a volatile month as a war-related jump in crude prices revived inflation fears and raised the likelihood of tighter monetary policy. Spiking oil ‌prices dampened investor risk appetite and sent benchmark U.S. Treasury yields higher, as investors processed U.S. Federal Reserve Chair Kevin Warsh's hawkish ‌tone on Friday in his speech at the Jackson Hole Symposium. Despite the broad sell-off, all thre

  5. Article · Jul 17, 2026 · By Stephen Culp and Ragini Mathur

    Wall St ends lower for the day and week as chip selloff broadens (opens the original)

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    NEW YORK, July 17 (Reuters) - Wall Street extended its decline on Friday as a pullback on stocks associated with the AI boom, which has driven many of the gains so far this year, morphed into a larger risk-off sentiment. Semiconductor ‌shares, which have led the broader market's move in recent sessions, initially led the selloff, which broadened as the session progressed. All three major ‌U.S. stock indexes closed lower on the day and posted weekly losses. The Philadelphia SE Semiconductor Index

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