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Kiplinger
Kiplinger
Business
Karee Venema

Stock Market Today: Stocks Stabilize After Powell's Rate-Cut Warning

Federal Reserve Chair Jerome Powell speaking into microphone in congressional testimony.

Stocks struggled for direction Tuesday as investors took in the latest round of corporate earnings reports and a mid-afternoon speech from Fed Chair Jerome Powell.  

At the close, the S&P 500 (-0.2% at 5,051) and the Nasdaq Composite (-0.1% at 15,865) suffered modest losses but were well off their session lows. The Dow Jones Industrial Average (+0.2% at 37,798) held on for a win as UnitedHealth Group (UNH) soared 5.2% after earnings. 

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