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Dow down over 200 points as investors digest mixed economic data ahead of Powell speech

Por: MarketWatch Business November 30, 2022

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What’s driving markets U.S. equities were closing out the month on a mildly positive note as traders eschewed big bets ahead of a speech by Federal Reserve Chairman Jay Powell and a raft of economic data in the next few days. Amid signs of a weakening economy, traders want to see Powell deliver a clear message that the Fed will downshift their pace of monetary tightening, said Edward Moya, senior market analyst at Oanda, in a note. “No one... + full article



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