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Dow Dips After Fed Chair Powell's Speech on Rate Cuts

Summary by KULR-TV
WASHINGTON D.C. – The Dow Jones Industrial Average turned negative following comments from Federal Reserve Chair Jerome Powell. In his recent speech, Powell emphasized the Federal Reserve's cautious approach to

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The U.S. stock went back on Tuesday, ending a record-breaking streak, after Federal Reserve President Jerome Powell pointed out that the central bank will proceed cautiously in future tax cuts and suggest that the shares are "fairly high valued."The Dow Jones Industrial Average (^DJI) fell by almost 0.2%. The S&P 500 (^GSPC) lost about 0.6%, and the Nasdaq Composite (^IXIC), with a high technological weight, fell by almost 1%.This movement takes…

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PerthNow broke the news in City of Perth, Australia on Tuesday, September 23, 2025.
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