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Benzinga
Benzinga
World
Shanthi Rexaline

How Jerome Powell Swung The Market Pendulum As He Went From 'Dovish' And 'Pivot' To Most 'Hawkish'

Jerome Powell Chris Zaccarelli Jeffrey Roach Economy

What a difference a day can make! This rang true for the market, which went from euphoria to despair within a day.

Ahead of Wednesday’s session, the equity market was building some upward momentum, encouraged by earnings momentum and hopes that the Fed will shift its language to dovish.

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