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Jerome Powell’s nomination as Fed Chair means ‘more of t

 
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Angel92
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PostPosted: Tue Nov 07, 2017 8:40 pm    Post subject: Jerome Powell’s nomination as Fed Chair means ‘more of t Reply with quote

Stocks fluttered around break-even http://www.aescranna.com/russell-wilson-jersey-c-1_6.html territory in trading Thursday as investors digested a raft of economic news, including Jerome Powell’s nomination to be the next chair of the Board of Governors of the Federal Reserve System as well as the release of the House Republicans’ long-awaited tax proposal and an interest rate hike by the Bank of England.
The Dow Jones industrial average dropped 80 points early in the day but climbed well into positive territory and closed the day up 81 points at 23,516. The Standard & Poor’s 500-stock index and the Nasdaq were around break-even.
“We’ve got all kinds of stuff going on,” said Chris Gaffney, president of EverBank World Markets. “The Powell announcement http://www.js-lanhui.com/david-bakhtiari-jersey-c-1_16.html was expected. I don’t think we will get much movement there, especially with all the chatter we have seen already.”
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