BMO Capital Markets chief strategist Brian Belski evaluates the future of the markets.
U.S. equity markets staged a dramatic comeback Tuesday with the Dow Jones Industrial Average ending just shy of a record high after Federal Reserve Chairman Jerome Powell reassured investors the central bank would continue to support the economy and that inflation would remain in control.
HIGHLIGHTS: FED POWELL’S TESTIFYS BEFORE CONGRESS
The Dow Jones Industrial Average gained 13 points, or 0.04%, erasing an earlier decline of 363 points. The S&P 500 closed up 0.13% while the Nasdaq Composite lost 0.5% trimming steep losses.
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