Powell’s rate comments weigh on S&P 500, Dow snaps losing streak

#Powells #rate #comments #weigh #Dow #snaps #losing #streak The Fed chairman said interest rates could remain high because of a lack of progress in fighting inflation The S&P 500 fell on Tuesday after Federal Reserve Chairman Jerome Powell said interest rates may need to remain high, CNBC reports. The broad gauge lost 0.21% of its […]

Powell’s rate comments weigh on S&P 500, Dow snaps losing streak