Federal Reserve Chairman Jerome Powell rose from a villain in the eyes of stock market bulls to a friend, like notorious doves once at the Fed's summit, Ben Bernanke and Janet Yellen .

Powell walked to the Economic Club of Washington, DC stage and hit a series of dovish notes just days after doing it during a sit-down talk. "We have the ability to be patient and watch patiently and attentively watching the evolution of the economy," Powell said. The Fed chairman added that he did not think that a US recession was in the cards this year and that the economy was on a "solid" basis.

At the same time, the Dow Jones Industrial Average, the Nasdaq Composite and the S & P 500 all finished at the high of the session under Powell's comments. Boeing and Caterpillar were the most notable players in the session, posting respective increases of 2.6% and 2%.

Boeing was boosted by a bullish improvement of Morgan Stanley, calling for a 30% increase in stock. Considering that the aerospace giant is about to reveal a 20% increase in dividend and a new $ 20 billion buyback program – among a $ 417 billion portfolio of commercial aircraft – the rise in the price target makes sense.

Overall, Thursday's overall market resilience is remarkable with several large retailers posting mixed results.

Here is what you missed in the world of finance on Thursday.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "A blood bath at retail."data-reactid =" 23 ">A blood bath at retail.

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "After a dazzling start to the end of the year celebrations Black Friday and Cyber ​​Monday, retailers such as Macy's and Kohl's made it clear on Thursday that sales weakened in mid-December and slowed after Christmas. Sales also seemed moderate in January, despite the rebound in the stock market since the infamous "Christmas Eve massacre". "Data-reactid =" 24 "> After a dazzling start to the end of the year celebrations Black Friday and Cyber ​​Monday, retailers such as Macy's and Kohl's made it clear on Thursday that sales weakened in mid-December and slowed after Christmas. Sales also seemed moderate in January, despite the rebound in the stock market after the infamous "Christmas Eve massacre".

Macy's and Kohl's shares fell by 17.6% and 4.8% respectively.

The winners of the holidays were Target and Costco. Target's holiday sales grew 5.6 percent, the retailer said Thursday. Costco said comparable store sales increased 6.1%. Costco shares increased slightly during the session. The target stock fell by 3%.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The million dollar question after seeing these results: Did the American consumer fall because of the sharp fall of the stock market in December? "Data-reactid =" 27 ">The million dollar question after seeing these results: Did the American consumer fall because of the sharp fall of the stock market in December?

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Amazon spying on Sears and Kmart stores?"data-reactid =" 28 ">Amazon spying on Sears and Kmart stores?

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Yahoo Finance Krystal Hu reports that Amazon seeks to open Whole Foods stores in the old Sears and Kmart stores. This could bring Whole Foods to more rural areas at a lower cost. "Data-reactid =" 29 ">Yahoo Finance Krystal Hu reports that Amazon seeks to open Whole Foods stores in the old Sears and Kmart stores. This could allow Whole Foods to move to less expensive rural areas.

The idea should not be a complete shock. As a stand-alone corporation in 2014, Whole Foods rented a 38,000-square-foot Sears store in Florida's Westfield Countryside shopping center.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "More: Titan PE takes Trump."data-reactid =" 31 ">More: Titan PE takes Trump.

Wall Street titan, Glenn Hutchins, talks to Yahoo Finance editor Andy Serwer.

More

<p class = "canvas-atom web-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 first episode of & # 39;influencersAndy Serwer, editor of Yahoo Finance. "Data-reactid =" 43 "> The President of Donald Trump, a Wall Street TitaninfluencersOrganized by Yahoo Finance Editor Andy Serwer.

"I think the economic policies of this administration have been irresponsible, even dangerous," said Glenn Hutchins, president of investment firm Fintech North Island, co-founder of Silver Lake Partners and former special adviser to President Bill Clinton for questions. economic and social health policy.

<p class = "canvas-atom text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "'influencers"With Andy Serwer, who debuts today, is airing every Thursday at 5 pm." Data-reactid = "45">influencers'With Andy Serwer, who debuts today, is airing every Thursday at 17h.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Brian Sozzi is a senior editor at Yahoo Finance. Follow him on Twitter @BrianSozzi"data-reactid =" 46 ">Brian Sozzi is a senior editor at Yahoo Finance. Follow him on Twitter @BrianSozzi

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Read Yahoo Finance's Apple Cover:"data-reactid =" 47 ">Read Yahoo Finance's Apple Cover:

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Here is the scenario of Apple's nightmare in China:"data-reactid =" 48 ">Here is the scenario of Apple's nightmare in China:

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Apple just confirmed the biggest fear of the market"data-reactid =" 49 ">Apple just confirmed the biggest fear of the market

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "What Tim Cook left out on China in Apple's revenue forecast"data-reactid =" 50 ">What Tim Cook left out on China in Apple's revenue forecast

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Is Apple really in trouble in 2019?"data-reactid =" 51 ">Is Apple really in trouble in 2019?