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U S stocks climb as Powell talks up economic support

U S stocks climb as Powell talks up economic support
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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KLCI rises 0 77% as select blue chips led by Tenaga lift

KLCI rises 0 77% as select blue chips led by Tenaga lift
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Dollar Turns Weak Against Most Of Its Peers

WASHINGTON (dpa-AFX) - The U.S. dollar recovered after early weakness on Wednesday but started losing ground past noon, weighed down by remarks by the Federal Reserve Chairman Jerome Powell that

United statesJerome powellKostenloser wertpapierhandelSenate banking committee onCommerce departmentHouse financial services committeeFederal reserveFederal reserve chairman jerome powellSenate banking committeePound sterlingஒன்றுபட்டது மாநிலங்களில்ஜெரோம் போவல்செனட் வங்கி குழு ஆன்வர்த்தகம் துறைவீடு நிதி சேவைகள் குழுகூட்டாட்சியின் இருப்பு

Bond tantrum erases US$14B Treasury ETF s pandemic rally

Bond tantrum erases US$14B Treasury ETF s pandemic rally
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United statesSubadra rajappaPriya misraMarkit ltdBleakley advisory group peter boockvarFederal reserveYear treasury bondFederal reserve chairman jerome powellSociete generaleBleakley advisory groupPeter boockvarஒன்றுபட்டது மாநிலங்களில்பிரியா மிஸ்ராமார்க்கிட் லிமிடெட்கூட்டாட்சியின் இருப்புஆண்டு கருவூலம் பத்திரம்

Dow, S&P Climb After Powell Testimony

Provided by Dow Jones By Will Horner and Paul Vigna U.S. stocks turned higher Wednesday after Federal Reserve Chairman Jerome Powell reiterated his intention to maintain ultralow interest rates and continue the bank s asset-purchase policies. After opening in the red, the major indexes climbed higher after Mr. Powell s comments on the second day of his Congressional testimony. The Dow Jones Industrial Average rose 1.4%, the S&P 500 gained 1.1% and the tech-heavy Nasdaq Composite added 0.8%. Speaking to the Senate Banking Committee, Mr. Powell reaffirmed his commitment to keeping easy-monetary policies unchanged for the foreseeable future, and was generally dismissive of any inflation concerns. That gave investors a reason to ignore rising interest rates or worries that an overheating economy would alter the Fed s thinking.

Hong kongPaul vignaRandy maynardJerome powellJeff buchbinderCaitlin ostroffMichael greenlyStoxx europePaul oconnorShawn snyderBrian oreillyXie yuSemiconductor indexSenate banking committeeDow jones company incFederal reserve