Stocks make big jump Wednesday morning through afternoon amid hopeful economic signs
Stocks make big jump Wednesday morning through afternoon amid hopeful economic signs
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The Facts Inside Our Reporter’s Notebook Stocks rallied on Wednesday morning into the afternoon, wiping out significant losses while being bolstered by tentative optimism on the part of a federal reserve chief.
Both the SP and the Dow gained around 1.5% on Wednesday, with the NASDAQ seeing even an bigger jump of 2.6%.
The turnaround marks a whipsaw reversal from several days of declining numbers. Stocks began a downward slide on Friday and plummeted even more sharply off Monday into Tuesday.
The jump appeared to be bolstered in part by an optimistic economic assessment from St. Louis Federal Reserve President...
Source: https://justthenews.com/nation/economy/stocks-make-big-jump-wednesday-morning-through-afternoon-amid-hopeful-economic-signs?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators
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