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September 01, 2020 1:41pm
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U.S. Stock ETFs Rise After Powell Nomination Assuaged Uncertainty

U.S. markets and stock exchange traded funds strengthened with investors relieved to expect continuity of the monetary policy outlook after President Joe Biden nominated Jerome Powell for a second term as chairman of the Federal Reserve. The Invesco S&P 500 Equal Weight ETF (RSP), which follows...
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