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Mid-Market Update: Powell Part Deux, Labor Market still looks hot after ADP & JOLTS, Stocks struggle, Oil remains heavy, Gold wavers, Bitcoin softens
US stocks struggled to find direction after another round of labor data suggests this market will remain tight and on Fed Chair Powell’s second day of testimony on Capitol Hill. Powell did not deliver any surprises, repeating that the Fed may need to speed up the pace of its interest rate increases if necessary. The […]...
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Posted: Mar 8 2023, 18:43
Author Name: marketpulse
Views: 110843