MARKETS ALERT: US stocks spike after Fed Chair Powell hints at possible interest rate cut

The three major market indexes opened higher on Wednesday, with the Dow Jones Industrial Average up triple digits, after Federal Reserve Chairman Jerome Powell hinted at the possibility of an interest rate cut. Powell’s testimony on Capitol Hill begins at 10 a.m. ET.
More on this story: https://fxn.ws/2xE0281
More on Powell’s testimony: https://fxn.ws/32t6HjI
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