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Wall Street Gets Rally Signals From Powell
August 22, 2025 at 01:16 PM
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What You Need To Know
- "This is an important shift for Chairman Powell," said market strategist Matt Maley.
- The S&P 500 Index rebounded from a five-day slide, rising as much as 1.7%, while the Russell 2000 surged 4%.
- The Fed has remained on hold so far in 2025 as Trump’s policy shifts amplified uncertainty in the economic outlook.
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