U.S. stocks waver as S&P 500 battles to snap 3-day losing streak; Powell says Fed strongly supports more hikes

U.S. stocks waver as S&P 500 battles to snap 3-day losing streak; Powell says Fed strongly supports more hikes

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U.S. stocks recovered early losses to trade mixed midday Thursday, after a three-day losing streak while investors digested fresh commentary from Federal Reserve Chairman Jerome Powell and a raft of interest-rate hikes from international central banks. All three indexes finished lower on…

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