Dollar Down Due to Dovish Fed

U.S. Stock Market

Wall Street finished higher on Wednesday, thanks to gains in the Healthcare, Oil & Gas and Industrials sectors. The Dow Jones rose 0.58%, the S&P 500 grew 0.69% and the NASDAQ added 0.69%. Technically, according to the 4-hour chart, the Dow is still trading below the bearish trend line, which could cause it to fall to around 25,600. However, crossing above the line may lead to a rapid rise towards 25,850.

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