Dow jumps 250 points as Wall Street tries to recover from Fed sell-off over interest rates, inflation fears
Cătălin Roșioru
Stocks rose Thursday morning as Wall Street tried to recover from a sell-off the previous day, when Fed Chair Kevin Warsh came out with a tough, anti-inflation stance that spooked investors hoping for interest-rate cuts. The Dow Jones Industrial Average jumped 256 points, or 0.5%, by approximately 10:40 a.m. ET Thursday, while the S&P 500 and Nasdaq increased 1% and 1.3%, respectively. Intel was a bright spot in the markets, soaring 7.1% after President Trump said the tech giant will partner
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