The Dow and broader U.S. stock market began their long road to recovery on Tuesday after the People’s Bank of China (PBoC) announced it would take decisive measures to stabilize the yuan. In other words, PBoC is manipulating the currency market in the direction that appeases stock traders. Dow Rallies; S&P 500, Nasdaq Follow Wall […]
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Source: https://www.ccn.com/news/dow-jones-stock-market-analysis/2019/08/06/