Tech stocks pare deep losses but still decline as Fed's Powell eases concerns over runaway inflation
1:03pm PST - February 23rd, 2021 andrew cuomo - Business InsiderSummary List Placement
- US stocks pared losses but closed lower on Tuesday after Fed chair Jerome Powell staved off fears of rampant inflation.
- Stimulus and reopening could lift price growth, but the effect will likely be small and temporary, …