3 great things you missed in the markets Thursday: Jerome Powell, Macy's, Trump

Federal Reserve Chairman Jerome Powell has gone from a villain in the eyes of the stock market bulls to a friend, in line with notorious pigeons once up on the Fed, Ben Bernanke and Janet Yellen.

Powell went to the stage of the Economic Club of Washington, DC, and made a series of thin notes just days after doing the same during a sit-down interview. "We have the ability to be patient and look patiently and cautiously when looking at the economy," Powell said. The Fed Mayor added that he does not believe that a US recession is in the cards this year and that the economy is on a "solid" footing.

At the same time, the Dow Jones Industrial Average, the Nasdaq Composite and the S & P 500 are all finished at the height of the Powell commentary. Boeing and Caterpillar were standout Dow practitioners at the session, 2.6% and 2% respectively.

Boeing was boosted by a bullish Morgan Stanley upgrade that requires a 30% pop in the warehouse. Given the aviation giant, it is fresh to reveal a 20% dividend increase and a new $ 20 billion buy-back program – including a strong $ 417 billion worth of commercial aircraft baggage – the price increase is sensible.

Overall, the overall patience of the market on Thursday is remarkable, as several prominent dealers reported mixed holiday sales results.

Here's what you missed in the financial sector on Thursday.

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] <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " After a blistering start to holiday shopping season on Black Friday and Cyber ​​Monday, dealers like Macy and Kohl are strongly suggested Thursday that sales declined in mid-December and trailed off after Christmas. January, despite the stock market recovery from the now infamous "Christmas Eve massacre." After a windy start to the holiday season on Black Friday and Cyber ​​Monday, dealers like Macy and Kohl have strongly suggested Thursday that sales declined in mid-December and beaten off after Christmas. The sale also seems weak in January, despite the stock market's recovery from the now infamous "Christmas Eve massage. Clean ".

Shares of Macy and Kohl decreased 17.6% and 4.8% respectively during the day.

The clear holiday winners were Target and Costco. Target's holiday sales rose 5.6%, the dealer said on Thursday. Costco said the same store sales were 6.1%. Costco shares rose slightly during the session. Target & # 39; s share fell 3%.

<p class = "canvas fabric canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Million dollar question after viewing these results : Has the US consumer withdrawn due to the stock market's steep fall in December? "data-reactid =" 27 "> Million dollar question after seeing these results: Has the US consumer withdrawn due to the stock market's steep decline in December?

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<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "Yahoo! Finance, Krystal Hu reports that Amazon looks out to open Whole Foods stores in former Sears and Kmart locations. If you do, you can get the whole food to more rural locations on the cheap. "data-response time =" 29 "> Yahoo Finance's Crystal Hu reports that Amazon wants to open Whole Foods stores in former Sears and Kmart locations. Doing so can get the whole food to several rural locations on the cheap.

The idea should not come as a complete shock. As a stand-alone company in 2014, Whole Foods leased 38,000 square feet of a Sears store in the Westfield Countryside Mall in Florida.

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<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Sharp words from a Wall Street titan to President Donald Trump in the debut episode of Influencers hosted by Yahoo Finance editor-in-chief Andy Serwer. "data-response time =" 43 "> Sharp words from a Wall Street -Titan for President Donald Trump in the debut section "Influencers", hosted by Yahoo Finance chief Andy Serwer.

"I think the financial policy of this administration has been irresponsible, at risk," says Glenn Hutchins, head of fintech investment firm North Island, co-founder of Silver Lake Partners and former special adviser to President Bill Clinton on economic and health policy.

<19459003 <p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "& # 39; Influencers & # 39; with Andy Serwer, who debuts today, every Thursday at 5 pm "data-reactid =" 45 "> & # 39; Influencers & # 39; with Andy Serwer, who debuts today, runs every Thursday at 5 pm.

< p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – Brian Sozzi is an editor in general at Yahoo Finance. Follow him on Twitter @BrianSozzi "data-reactid =" 46 "> Brian Sozzi is a great editor in Yahoo Finance Follow him on Twitter ] @BrianSozzi