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The main indices on Wall Street started Wednesday’s session on the front foot after Fed chair Jerome Powell’s testimony appeared unphased by the recent rise in inflation, possibly soothing nerves among traders. Shortly after the opening bell, the Dow Jones Industrial Average was up 0.41% at 35,030 while the S&P 500 climbed 0.52% to 4,391 and the Nasdaq rose 0.77% to 14,790.
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