Sen. John Kennedy (R-LA) is leading the charge to warn President Donald Trump that his threats against Federal Reserve Chairman Jerome Powell, which have brewed for weeks, would be a disaster, CNN's Phil Mattingly reported on Wednesday.

Trump’s comments capped a hectic few hours that took his pressure campaign against the Federal Reserve chief to a new level — and sent markets into a shortlived nosedive.

A strong profit report from Taiwan Semiconductor Manufacturing Co. helped drive tech stocks, and its net income soared nearly 61% in the last quarter from a year earlier.

By Niket Nishant and Manya Saini (Reuters) -Donald Trump Jr.-backed GrabAGun's shares slipped 22% on Thursday, deepening their post-debut slide and highlighting the degree of investor scrutiny even newly listed companies with high-profile backers are being subjected to.

The upbeat corporate news continued afterhours, when Netflix raised its annual revenue and operating margin forecasts.

President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had “talked about the concept of firing” the head of the Federal Reserve.

Wall Street's main indexes opened higher on Wednesday as investors sifted through new inflation data and digested a fresh round of heavyweight earnings reports.

Reports that President Trump was planning to soon fire Federal Reserve Chairman Jerome Powell sent stocks and the U.S. dollar tumbling on Wednesday, while long-dated Treasury yields charged higher.