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Stock Strengthening, Dollar Drops on Dovish Powell Tilt: Wrapped Market



"He eliminated concerns about an aggressive rate hike, which solved one of the problems that hit the market over the past few months," Bob Phillips, head of management at Spectrum Management Group, said in an interview. "We still have a problem with the trade war with China and we will see the results this week. If that comes out positive, we will have a decent rally at the end of the year. "


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