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Update: Wall Street Soars On Powell Comments

Federal Reserve Chairman Powell has said he will not resign if President Trump asked him.

Federal Reserve Chairman Jerome Powell has told a conference that he will not resign from his post if President Donald Trump asks him to. The comments boosted Wall Street - the Dow Jones Industrial Average closed up 3.29% at 23,433. Chris Low from FTN Financial in New York weighs in on which of Powell's comments most enheartened investors.

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