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The Dow Jones Industrial Average experienced gains as major banks passed the Federal Reserve’s stress test, while an upward revision of the GDP provided relief against recession concerns. The 30-stock index surged by 0.8%, gaining 269.76 points to close at …
The S&P 500 saw minimal movement on Wednesday as investors closely analyzed Federal Reserve Chair Jerome Powell’s remarks regarding future monetary policy. Powell emphasized the likelihood of more restrictive measures to combat inflation, including potential consecutive interest rate hikes. His …
In a much-needed boost for the market, the Dow Jones Industrial Average rebounded after a seven-day slump, as investors embraced tech stocks ahead of the end of the first half. The index gained 0.63%, or 212.03 points, closing at 33,926.74. …
In the final week of the first half of the year, the Nasdaq Composite experienced a significant decline as investors sold off shares of technology companies that had performed well so far in 2023. The Nasdaq dropped by 1.16%, while …
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