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US stocks prolong recovery as investors Digest Fed Comments



US stocks rose Wednesday at noon, while Treasury yields and the dollar fell after the Fed's Jerome Powell said interest rates were "slightly lower" than what was considered neutral.

The Dow Jones Industrial Average expanded this week's rebound, adding 403 points, or 1.6% to 25,153, after Powell's comments topped 0.7%. S & P 500 grew by 1.2%, and the technological heavy Nasdaq Composite grew by 1.2%. The biggest increase in indices for the first time since November 1 will be that all three criteria …


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