Dow Jones Rallies As Powell Set To Raise Rates; Oil Prices Surge Above $112 A Barrel - Investor's Business Daily


3/2/2022 12:00:00 AM3 years 11 months ago
by Investor's Business Daily

Futures rallied Wednesday morning ahead of Fed Chief Powell's testimony. Oil prices surged above $111 a barrel.

The Dow Jones Industrial Average rallied 250 points Wednesday after Fed Chief Jerome Powell's prepared comments indicated the Federal Reserve is still set to raise interest rates despite the Russian … [+8854 chars]

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