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Market Extra: A wild ride: How markets reacted to the first Federal Reserve rate hike since 2018

Market Extra: A wild ride: How markets reacted to the first Federal Reserve rate hike since 2018

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Who’s afraid of a hawkish Federal Reserve? Apparently not stock-market investors, who sent the Dow Jones Industrial Average up more than 500 points on the day after an initial dip into negative territory after the central bank delivered a well-expected quarter-point rate hike.

...read full article on Market Watch

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