YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
New Federal Reserve Chairman Jerome Powell contributed to a stock drop when he addressed Congress yesterday, according to CNBC.
Powell said the central bank would hike rates more than three times this year.
The Dow Jones industrial average fell 299.24 points to close at 25,410.03. The S&P 500 fell 1.27 percent to finish at 2,744.28.
Read more from CNBC.
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