Category: Slump

Dow Snaps Out of Slump After Federal Reserve Placates Wall Street
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Dow Snaps Out of Slump After Federal Reserve Placates Wall Street

The Dow Jones survived another Federal Reserve policy meeting. A dovish Fed proved no worry as the U.S. stock market rose during Jerome Powell’s press conference. Nordea Asset Management believes the U.S. economy will continue to suffer from Trump’s response to the pandemic. The Dow Jones rallied toward session highs on Wednesday afternoon after the…

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