Category: Sharply

Dow Drops Sharply From Highs as McConnell Smashes Stimulus Hopes
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Dow Drops Sharply From Highs as McConnell Smashes Stimulus Hopes

The Dow Jones rose 360 points Wednesday, giving up a massive chunk of its intraday gains.Hopes of more fiscal stimulus and positive economic data lifted the mood on Wall Street.Senator Mitch McConnell knocked 150 points off the Dow as he stressed no stimulus deal was close.The Dow Jones rallied strongly mid-week after the White House…

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