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Dow Jones rises 370 points to record close as stocks bounce back ahead of Big Tech earnings

Por: MarketWatch Business February 02, 2024

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Both factors are likely to continue driving sentiment for the rest of the week, along with economic data on the labor market, said market analysts. Investors after Powell said on Wednesday that a rate cut in March was “not the most likely case or the base case,” but traders in the federal-funds-futures market still foresaw as many as six quarter-point rate cuts by December, according to . “The market is front-running the Fed,” said Dave... + full article



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