Stock market news live updates: Stocks rise as investors digest Powell's speech
U.S. stocks rose Wednesday afternoon as investors digested comments from Federal Reserve Chair Jerome Powell that signaled a 50-basis-point rate hike in December, as well as a slew of economic data releases. The S&P 500 (^GSPC) rose 3%, while the Dow Jones Industrial Average (^DJI) was up 2%, or…
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