Dow sinks over 1,000 points after Powell vows tough inflation battle ...Egypt

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Dow sinks over 1,000 points after Powell vows tough inflation battle
source : Masress ( Egypt ) () 18
US stocks plummeted on Friday as Federal Reserve Chairman Jerome Powell's tough stance against inflation dashed market hopes that the central bank would soon reverse course. The Dow Jones Industrial Average plunged 1,008.38 points, or 3.03 percent, to 32,283.40. The S&P 500 tumbled 141.46 points, (...)

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