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ASX set to fall as Wall Street dives late; Biden backs Fed chief Powell – The Sydney Morning Herald
Jerome Powell’s nomination was largely welcomed by investors before a late fall saw indexes end in the red.
The S&P 500 hit a record intra-day high after President Joe Biden picked Federal Reserve Chair Jerome Powell to lead the central bank for a second term before a late swoon saw it close in the red.
Jerome Powell has been reappointed to lead the Federal Reserve…
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