The Age
·general
·1 hour ago
Tech stocks boost Wall Street; Senate narrowly confirms Warsh as Fed chair
Wall Street's tech stocks gained Wednesday, pushing the S&P 500 up 0.8 percent, while the Nasdaq climbed 1.4 percent on strength from Nvidia and semiconductor shares. The Senate narrowly confirmed Kevin Warsh as Federal Reserve chair in a 54-45 vote, the slimmest margin ever for a central bank head, amid Democratic concerns he'll lower rates too quickly under Trump pressure.
Summary by Glance · The Age
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