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Stock Market Today: Dow Jones, S&P 500 Up After Powell Comments; Didi Gains On Potential Hong Kong IPO

News Snapshot:

Stock Market Today Mid-Morning Updates On Wednesday, the Dow Jones Industrial Average is up by 90 points. Today’s market moves came following a strong rebound on Tuesday. Investors are finding temporary relief in assurances from the Federal Reserve Chair Jerome Powell that the central bank would step in to rein in rising prices. He says that the U.S. economy is both healthy enough and in need of tighter monetary policy. Powell also says that he expects a series of interest rate hikes this year. Additionally, this also includes other reductions in the extraordinary help that the Fed has provided during…

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