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Stock market today: Nasdaq leads stocks higher as Powell waits in the wings

1 month ago

  • Stocks open higher ahead of speech from Fed Chair Powell

    All three major stock indexes were poised for a bounce back on Friday, as spirits lifted on Wall Street ahead of a major speech from Federal Reserve Chair Jerome Powell. The remarks are expected to touch on broad economic points but could shape near-term expectations on the future path of interest rates.

    The S&P 500 (^GSPC) rose 0.6%, while the Dow Jones Industrial Average (^DJI) added 0.4%. The tech-heavy Nasdaq Composite (^IXIC) led gains, up roughly 0.8%.

    • Source: finance.yahoo.com

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