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Shares of Several Companies in the Tech Sector Are Trading Higher Amid Overall Market Strength Following Comments From Fed Chair Powell on the Labor Market. Powell Said the Fed Could Slow the Pace of Rate Hikes as Soon as the December FOMC Meeting but Tha

Benzinga ·  Dec 1, 2022 03:31
Shares of several companies in the tech sector are trading higher amid overall market strength following comments from Fed Chair Powell on the labor market. Powell said the Fed could slow the pace of rate hikes as soon as the December FOMC meeting but that there is a long way to go in bringing inflation down.
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