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Dow Snaps Out of Slump After Federal Reserve Placates Wall Street

The Dow Jones survived another Federal Reserve policy meeting. A dovish Fed proved no worry as the U.S. stock market rose during Jerome Powell’s press conference. Nordea Asset Management believes the U.S. economy will continue to suffer from Trump’s response to the pandemic. The Dow Jones rallied toward session highs on Wednesday afternoon after the…

Dow Snaps Out of Rut as Economy Survives Another Crucial Test

The Dow, S&P 500, and Nasdaq resisted the temptation to extend their slump on Thursday. All three stock indices secured substantial gains as trade war developments trended in a positive direction. Meanwhile, the US economy continues to defy recession warnings. The Dow snapped out of its single-day slump on Thursday, racing toward a triple-digit rally…