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Home Market Research Business

Why Wall Street Is ‘Buying the News’ After U.S. Strikes Iran

by TheAdviserMagazine
4 months ago
in Business
Reading Time: 1 min read
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Why Wall Street Is ‘Buying the News’ After U.S. Strikes Iran
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The Dow Jones Industrial Average was up 155 points, or 0.4%, in Monday morning trading. The S&P 500 gained 0.5%. The Nasdaq Composite rose 0.5%. Stocks gained steam after Michelle Bowman, the Federal Reserve’s vice chair for supervision, said she would support lowering interest rates as soon as July if the central bank sees inflation pressures remain contained.



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