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S&P 500 Rises 0.7% as Kevin Warsh Takes Fed Chair Helm Amid Inflation Headwinds

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The Story

News Summary

  • S&P 500 rose 0.7% as Kevin Warsh was sworn in as Fed Chair.
  • Historically, new Fed leadership transitions see mixed market reactions, with this move representing a more typical positive welcome compared to recent predecessors.
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US500 price history

7656.98 +14.20% over the displayed period

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