Market Selloff: Dow Jones Drops 6%, S&P Falls Over 5% on Economic Jitters
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Business, Social Studies
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University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was Jay Powell's main objective during his press conference?
To announce new interest rate cuts
To push for more fiscal stimulus
To discuss the May jobs report in detail
To address international trade concerns
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What recent statistics contributed to the change in market sentiment?
Housing market trends
Unemployment rates
Consumer spending data
Infection rates in the United States
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did the market sentiment shift after the recent developments?
From risk-off to risk-on
From stable to volatile
From risk-on to risk-off
From bullish to bearish
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a concern regarding the timing of fiscal stimulus?
Congress will go on recess soon
The Federal Reserve is not supportive
The stock market is too volatile
Interest rates are too high
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is Jay Powell's approach compared to a former European Central Bank leader?
He is compared to Alan Greenspan
He is compared to Mario Draghi
He is compared to Janet Yellen
He is compared to Ben Bernanke
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