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Wall Street’s main stock gauges closed a turbulent session in a mixed state on Wednesday, as Federal Reserve chairman Jerome Powell reinforced the likelihood of two more interest rate increases this year.
Wall Street trading took a positive turn by the close on Tuesday with all three major indices in the green, and the Dow ending its six-day losing streak, buoyed by promising economic data.
DISH Network Corp (NASDAQ: DISH) stock is trading lower Monday after its COO disclosed he resigned last week.
These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. While not suited for all investors, they are not penny stocks with absolutely no track record or liquidity.
Wall Street stocks experienced their third consecutive day in the red on Wednesday, after Federal Reserve chair Jerome Powell warned Congress that further rate hikes would be needed this year to combat inflation.