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US stock exchanges have opened their doors pending the hearing of US Central Bank chief Jerome Powell in the Senate on Tuesday afternoon.
Powell's statements that "the pursuit of progressive tariff increases is the best course for US monetary policy" contributed to the optimism of US stock exchanges
. The disappointing numbers of Netflix have helped create an atmosphere of openness. On the other hand, a drop of 13% of the day was reduced to 5% at the closing time.
The Nasdaq index peaked with a rate of 0.63% on Tuesday, which constitutes a high and a high value, writes CNBC.
The S & P 500 ended with a positive number of 0.42, while the Dow Jones ended the day up 0.22.
Amazon also ranked first and was among the strongest players on Tuesday with a 1.4% increase. (Terms)
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