Stocks Build on Weekly Gain; U.S. Dollar Slips: Markets Wrap

Published: 11/01/2019
Stocks Build on Weekly Gain; U.S. Dollar Slips: Markets Wrap
Source: FINANCE.YAHOO.COM

The greenback was set for four weeks of losses as Fed Chairman Jerome Powell underscored the message of patience with further interest-rate hikes, while saying the central bank will keep shrinking its balance sheet to a more normal level -- a remark that sparked an intraday slide in U.S. stocks.

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