U.S. Stocks Close Mostly Lower After Powell's Inflation Comments

Plus: Shares of Blackstone, AIG jump on deal to manage life and retirement assets. Two large hospitals won't give Biogen's new Alzheimer's drug. Johnson & Johnson shares fall on sunscreen recall. Brent crude drops 1.7% on OPEC deal with UAE. J.R. Whalen reports. Learn more about your ad choices. Visit megaphone.fm/adchoices