There is no power in US stock exchanges

We saw mixed market opening in U.S. stocks, with the Dow rising 0.1 percent while the S&P 500 stagnated, while the Nasdaq weakened 0.2 percent. Today, the technology sector is once again under pressure as investors continue to consider what the reappointment of Jerome Powell, president of the Federal Reserve, could mean in tightening monetary policy. Meanwhile, it is also worth paying attention to the oil market, as the US has announced that it will release 50 million barrels from its strategic stock and more countries will join the move. Although at first glance this should cause prices to fall, WTI’s share price has risen 1.3 percent, reflecting market expectations that OPEC may respond by curbing production (or reducing the rate of increase in production).

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