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Apple Spikes, Bitcoin Sinks, and Stocks Swing with the Fed: Markets News Roundup

Posted on the 04 May 2024 by Phil's Stock World @philstockworld

The Dow Jones Industrial Average and other U.S. stock indexes spiked Wednesday afternoon - not because the Federal Reserve left interest rates unchanged, but because there won't be any more rate hikes. The market started celebrating after the Fed Chair Jerome Powell said "it is unlikely the next ...

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