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Wall Street Close: Nasdaq refreshes record top as Fed’s Powell tones down tapering, rate-hike chattersNEWS |
6/22/2021 10:17:23 PM GMT | By Anil Panchal
US equity benchmarks post second consecutive daily gains, growth stocks lead the run-up.
Fed Chair Powell and others raise employment issues to push back monetary policy adjustments.
Mixed data, fears of US-China trade tussles 2.0 and Delta Plus covid probe bulls.
Activity numbers to join qualitative factors to offer fresh directions.
Wall Street marked another positive day, led by Nasdaq, as US Federal Reserve (Fed) officials step back from last week’s hawkish rhetoric. Technology and the retail sector were major gainers as the growth outlook improves despite concerns over employment conditions.
ECB policymakers remain apart on strategic review
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S&P 500 Futures print three-day uptrend as Fed s Powell tames tapering woes
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Dollar pauses ahead of Fed testimony, cryptocurrencies attempt recovery
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EMEA Morning Briefing: Fed Signal on Inflation Should Buoys Stocks
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