Dow Swings as Fed’s ‘Hawkish Cut’ Mixes with Trade War Uncertainty

The Dow Jones oscillated as the Federal Reserve cut interest rates, and Jerome Powell indicated that inflation pressures remain “muted.” On the trade war front, disappointment hit the Dow as the APEC summit in Chile was canceled, removing hopes for Trump to sign a trade deal there with Xi Jinping. Stocks got a boost from […]
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