S&P 500 Breaks Winning Streak As Powell Warns Of More Interest Rate Hikes Ahead; Bitcoin Rallies Over 20%
The S&P 500 fell on the week in the wake of Fed Chair Jerome Powell's testimony to Congress that FOMC members agree that "it will be appropriate to raise interest rates somewhat further by the end of the year." The drop was the index's largest loss in all of June, breaking a weeks-long winning…
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