"We're in a little bit of a lull here. The Dow Jones Industrial Average (.DJI) fell 3.09 points, or 0.01%, to 32,420.06. The Dow Jones Industrial Average (.DJI) fell 104.41 points, or 0.31%, to 33,066.96, the S&P 500 (.SPX) lost 12.54 points, or 0.32%, to 3,958.55 and the Nasdaq Composite (.IXIC) dropped 14.25 points, or 0.11%, to 13,045.39. American flags hang from the facade of the New York Stock Exchange (NYSE) building after the start of Thursday's trading session in Manhattan in New York City, New York, U.S., January 28, 2021. Key BackgroundTestifying before a House committee on Tuesday, Federal Reserve Chair Jerome Powell told lawmakers that the worst of the economic crisis was avoided thanks to swift and vigorous action from Congress and the Federal Reserve, praising both the aggressive stimulus spending and accommodative monetary policy that helped lift the market to new highs during the pandemic.
The president of the United States thanked both the American government and the Federal Reserve.
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The president of the United States thanked both the American government and the Federal Reserve .
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