Markets Rise Amid Fed Speculation

U.S. stock indexes climbed on Friday following optimism sparked by President Donald Trump's temporary nomination for a Federal Reserve governor role, which investors expect could herald a more dovish stance from the central bank.


Devdiscourse News Desk | Updated: 08-08-2025 19:08 IST | Created: 08-08-2025 19:08 IST
Markets Rise Amid Fed Speculation
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U.S. stock markets showed positive momentum on Friday as the main indexes opened in green territory.

President Donald Trump's decision to appoint an interim Federal Reserve governor has boosted expectations for a softer approach from the central bank, fueling investor confidence.

The Dow Jones, S&P 500, and Nasdaq all posted gains in early trading hours.

(With inputs from agencies.)

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