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Fed Waller Hints at Rate Pause, Igniting US Tech Stock Rally

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Dovish commentary from Fed Governor Christopher Waller signaling an openness to pause rate hikes boosted market sentiment.
  • The reduced odds of a September rate increase triggered a broad equity rally, lifting the tech-heavy Nasdaq Composite by 1.4% ahead of the upcoming August jobs report.
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US100 price history

29368.44 +18.07% over the displayed period

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