Stock Market Live News Updates: Tech Stocks Soar After Latest Fed Rate Hike
Tech stocks rose on Wednesday following the latest Federal Reserve interest rate hike after Federal Reserve Chairman Jerome Powell suggested signs of “disinflation” were brewing in the economy. As the closing bell rang on Wall Street, the tech-heavy Nasdaq Composite Index (^IXIC) rose 2%, leading the charge for markets following Powell’s comments. The S&P 500 …
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