Stock Market Today: Dow Jumps, Nasdaq Lags As Powell Sees 'Challenging Situation' (Live Coverage)

The Dow Jones Industrial Average ended higher after an afternoon of topsy-turvy trade Wednesday after the Federal Reserve made what Chairman Jerome Powell called a “risk-management” in interest rates by a quarter point. Meanwhile, Tesla (TSLA), Uber Technologies (UBER) and Nvidia (NVDA) stumbled on the stock market today, the latter of which fell below its 50-day moving average. The Dow…

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