In addition, Powell was what he always is: A dove.
Closing changes:
S&P 500 +0.7%Nasdaq Comp +1.5%DJIA flatRussell 2000 -0.2%Toronto TSX Comp +0.8%
The market is convincing itself “he didn’t mean it” on tariffs and the strongest evidence for that was the 5% rally in China ETFs today.
This article was written by Adam Button at www.forexlive.com.
