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Donald Trump’s Speech Was Supposed to Move the Market. The Dow Didn’t Move at All.

WorldNews Tuesday, 12 November 2019
Donald Trump’s Speech Was Supposed to Move the Market. The Dow Didn’t Move at All.Inching Higher. The S&P 500 and Nasdaq Composite eked out small gains on Tuesday, while the Dow Jones Industrial Average closed exactly at the break-even line in a relatively quiet session. President Donald Trump said the U.S. is close to a phase-one trade deal with China. Federal Reserve Chairman Jerome Powell is scheduled to testify in Congress on Wednesday and Thursday—a potential source of news about the outlook for the economy and interest rates. Facebook stock (ticker: FB) jumped after the social media giant unveiled plans for a payment product called Facebook Pay. Walt Disney stock (DIS) rose after...
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News video: Trump Continues Denouncing Fed Actions -- How Retail Investors Should Act

Trump Continues Denouncing Fed Actions -- How Retail Investors Should Act 01:50

President Donald Trump touched on many issues in his Tuesday speech at the Economic Club of New York, and he certainly did not shy away from the Federal Reserve's interest rate policy. After the speech, markets were largely unaffected. After drifting higher, the S&P 500 fell 0.03% and the Dow Jones...

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