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Stocks slump as Treasury yields top 1 5% on Powell comments

Stocks slump as Treasury yields top 1 5% on Powell comments
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Nasdaq erases 2021 rally as traders await Powell

Nasdaq erases 2021 rally as traders await Powell
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Stocks slump as Treasury yields top 1 5% on Powell s dovishness

Stocks slump as Treasury yields top 1 5% on Powell s dovishness
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Stocks Rise as Traders Await Powell; Oil Surges: Markets Wrap

Stocks and bonds sold off after Federal Reserve Chairman Jerome Powell underwhelmed markets by refraining from pushing back more forcefully against the recent spike in Treasury yields.

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S&P 500 erases 2021 gains as Fed refrains from acting to settle volatile market

Bond yields rose sharply after Federal Reserve chief Jerome Powell said inflation is likely to pick up in the coming months but not enough for the Fed to alter its low-interest rate policies.

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