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    Stock Market Today: Dow Drops 652 Points After Powell Signals Faster Taper

    by Kyle Woodley Nov 30, 2021 2 minutes

    The Wall Street pendulum swung back to selling early Tuesday amid the growing COVID omicron threat and a surprising cue from the Fed.

    Seemingly setting up today's actions was Jake Wujastyk, chief market analyst for technical analysis software firm TrendSpider, who told Kiplinger late Monday that "This week will be all about digesting the current scientific information available and seeing if lockdowns or mandates come back into play," adding that Federal Reserve Chair Jerome Powell's multiple speaking engagements this week could also be a

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