Dow Suddenly Recovers After Fed Chair Powell Tees Up a Rate Cut

2019-7-10 16:20

The Dow executed a sudden recovery on Wednesday after Federal Reserve Chair Jerome Powell appeared to signal that the US central bank will capitulate to Wall Street’s rabid desire - and President Trump’s frequent demands - for an interest rate cut.

Dow Mounts Swift Rebound The US stock market sprang higher at the opening bell […]

The post Dow Suddenly Recovers After Fed Chair Powell Tees Up a Rate Cut appeared first on CCN Markets

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Dow Futures Plunge 200 Points while Fed Chair Powell Claps Back at Trump

The Dow stands poised to suffer a sixth-consecutive loss ahead of Monday’s opening bell, with the US stock market bellwether enduring a triple-digit beating in the futures markets. All fingers are pointing to Boeing as the source of the index’s woes, but Federal Reserve Chair Jerome Powell’s comments about President Donald Trump in a 60 Minutes interview could have far more impact over the long-term.

2019-3-11 15:55


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