Fox News contributor John Layfield shares his thoughts on why the markets are up and the impact of the presidential election on the economy.
Investors are awaiting the Federal Reserve’s decision on interest rates due at 2 PM ET. While policymakers are expected to leave rates near-record lows, Chairman Powell will provide more insight and clues on the health of the economy starting at 2:30 PM, including the ongoing fallout from COVID-19.
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TRUMP OR BIDEN? FED CHAIR POWELL IS STILL A RAINMAKER
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| I:DJI | DOW JONES AVERAGES | 28372.08 | +524.42 | +1.88% |
| SP500 | S&P 500 | 3514.92 | +71.48 | +2.08% |
| I:COMP | NASDAQ COMPOSITE INDEX | 11868.10269 | +277.32 | +2.39% |
The FOX Business Blog will be covering his remarks LIVE and breaking market reaction. Mobile users click here.
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