S&P 500, Nasdaq Hit Record Highs After Powell Nomination

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Source: Dukascopy Bank SA
The S&P 500 and the Nasdaq gained on Monday after President Joe Biden nominated Jerome Powell for a second term leading the central bank. The S&P 500 opened higher by 14.04 points, or 0.30%, at 4,712.00, while the Nasdaq gained 63.49 points, or 0.40%, to 16,120.92.
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