In addition, Powell was what he always is: A dove.
Closing changes:
- S&P 500 +0.7%
- Nasdaq Comp +1.5%
- DJIA flat
- Russell 2000 -0.2%
- Toronto TSX Comp +0.8%
The market is convincing itself “he didn’t mean it” on tariffs and the strongest evidence for that was the 5% rally in China ETFs today.
This article was written by Adam Button at www.forexlive.com.
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