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Market Impact: 0.75

These 2 Words From Fed Chair Kevin Warsh Sunk the Dow, S&P 500, and Nasdaq, and Put Wall Street on Notice

Source: Nasdaq

Monetary PolicyInterest Rates & YieldsMarket Technicals & Flows

The FOMC raised interest rates by 25bps, prompting declines in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. The quarter-point hike signals continued monetary tightening and is negative for risk assets, particularly rate-sensitive equities.

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