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US stocks set to pause Monday after boost from Federal Reserve chairman Jerome Powell’s speech

US stocks set to pause Monday after boost from Federal Reserve chairman Jerome Powell's speech

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US stocks look set to pause at the start of a new week after the S&P 500 index and the Nasdaq Composite both reached record closes on Friday following an upbeat speech from Federal Reserve chairman Jerome Powell. Futures for the blue-chip Dow Jones Industrial Average, the broader S&P 500, and the tech-heavy Nasdaq-100 all ticked up by just 0.1% on Monday.

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