The Dow Drops as Powell Talks — and What Else Is Happening in the Stock Market Today

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The stock market was heading for some big gains—until Federal Reserve Chair Jerome Powell stopped it in its tracks. The Dow Jones Industrial Average fell 131 points, or 0.4%, while the S&P 500 slipped 0.2% and the Nasdaq Composite was little changed.

Source: The Dow Drops as Powell Talks — and What Else Is Happening in the Stock Market Today