[Breaking] New York Stock Market Closes Higher on Powell's Remarks... Nasdaq Up 1.9%
[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market closed higher on the 7th (local time) following Federal Reserve (Fed) Chairman Jerome Powell's comments on disinflation.
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On that day, the Dow Jones Industrial Average closed up 0.78% compared to the previous session. The large-cap focused S&P 500 index rose 1.29%, and the tech-heavy Nasdaq index closed up 1.9%.
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