S&P, Dow close higher on new Fed inflation stance, COVID test hopes

  • By cvbizz
  • August 28, 2020
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The S&P 500 and the Dow advanced but the Nasdaq closed lower on Thursday as investors digested the U.S. Federal Reserve’s new strategy to adopt an average inflation target and restore the United States to full employment, as well as a promising development in the fight to contain the coronavirus pandemic.

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