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Wednesday, May 1, 2024

After a wild, losing week for stocks, investors brace for more market-moving data

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U.S. Federal Reserve Chair Jerome Powell testifies before a Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill on March 3, 2022.

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Wall Street doesn’t have much time to digest this week’s market-moving news — including Friday’s jobs report and the sudden collapse of Silicon Valley Bank — before it has more economic data on its plate.

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