Federal Reserve Chair Jerome Powell took the steam out of the market’s rally, with equities closing lower on Tuesday. The S&P 500 was off 0.6%, the Dow Jones Industrial Average shed 0.2%, and the Nasdaq Composite fell nearly 1%. Tech stocks were dragging on the Nasdaq earlier in the day as Wall Street took some profit on AI stocks and bought up a few laggards, including value, small-caps, and dividend stocks.
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Review & Preview: The Rally Stumbles
Published 1 month ago
Sep 23, 2025 at 9:51 PM
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