A Second Helping Of Powell
Today's market update, feat. the S&P, the Nasdaq, the Dow and the Russell 2000.
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Day Two
We flagged yesterday the downside risk in all indices - they were all sat at local highs moving into the Powell speech, except the Russell which signposted the way down. As expected, the S&P, the Nasdaq and the Dow all sold off - and the Russell dumped further - and are currently sat at local technical support levels waiting to see what happens in DC today.
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