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The Dow Jones Industrial Average Slides After Trump's Rant on the Federal Reserve

By , Behavioral Trading Specialist, Money Morning

Garrett Baldwin

The Dow Jones Industrial Average is sinking Wednesday as investors digest a wild speech by President Trump.

On Tuesday night, Trump spoke at the Economic Club of New York and railed against the Federal Reserve on interest rates and monetary policy. But that's just one of the many stories driving market behavior this morning.

Before we get to them, here are the numbers from Tuesday for the Dow, S&P 500, and Nasdaq:

Index Previous Close Point Change Percentage Change
Dow Jones 27,691.49 0.00 0.00
S&P 500 3,091.84 +4.83 +0.16
Nasdaq 8,486.09 +21.81 +0.26

Now, here's a closer look at today's Money Morning insight, the most important market events, and stocks to watch.

The Top Stock Market Stories for Wednesday

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Stocks to Watch Today: CSCO, GOOGL, NKE, AMZN

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About the Author

Garrett Baldwin is a globally recognized research economist, financial writer, and consultant with degrees from Northwestern, Johns Hopkins, Purdue, and Indiana University. He is a seasoned financial and political risk analyst, with a focus on stocks, hedge funds, private equity, blockchain, and housing policy. He has conducted risk assessment projects for clients in 27 countries, and consulted on policy and financial operations for some of the nation's largest financial institutions, including a $1.5 trillion credit fund, a $43 billion credit and auto loan giant, as well as two of the largest Wall Street banks by assets under management.

Garrett joined Money Map Press as an economist and researcher in 2011, specializing in alternative strategies with an emphasis on fundamental and technical analysis.

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