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Tag: Retail Sales Figures

Dow trims nearly 400-point gain as Fed weighs biggest rate hike since 1994

Posted on June 15, 2022 By admin No Comments on Dow trims nearly 400-point gain as Fed weighs biggest rate hike since 1994
Dow trims nearly 400-point gain as Fed weighs biggest rate hike since 1994

US stocks rose, but were off session highs on Wednesday, as investors debated whether the Federal Reserve would later deliver the largest interest rate hike since 1994. What’s happening The Dow Jones Industrial Average DJIA, + 0.63% was up 136 points, or 0.5%, at 30,504, after rising 397 points at its session high. The S&P…

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