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Morning Report: US sharemarkets climbed on Wednesday

US Fed Chair Jerome Powell reaffirmed his view that the US economy needs further support while calming concerns about inflation. S&P 500 financial sector stocks rose 2.0% to a record high.

US Fed Chair Jerome Powell reaffirmed his view that the US economy needs further support while calming concerns about inflation. S&P 500 financial sector stocks rose 2.0% to a record high.

https://youtube.com/watch?v=Prs9mBNmwHI

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