Stocks Weak As Powell Shows Caution On Rate Cuts

Stocks dropped as investors digested cautious commentary from Federal Reserve Chairman Jerome Powell on interest rates, Concerns remain over the direction of the economy amid U.S. tariffs and the possible escalation of a global trade war, Ride-hail giant Lyft plans to bring fully autonomous robotaxis powered by Mobileye to its app as soon as 2026 in Dallas with more markets to follow