Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes

 The Nasdaq Composite Index (.IXIC),  closed higher and the dollar rebounded on Wednesday as Federal Reserve Chair Jerome Powell suggested two more interest rate hikes are probably in the cards. Of the three major U.S. stock indexes, only the Nasdaq advanced, lifted by megacap momentum stocks led by Tesla Inc (TSLA.O),  Apple Inc (AAPL.O),  and Alphabet Inc (GOOGL.O), The […]