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The Dow Jones Industrial Average climbed 180 points Thursday morning as Wall Street attempted to find its footing after a sharp sell-off the previous session.
The Wednesday decline came after new Federal Reserve Chair Kevin Warsh signaled a tough anti-inflation stance that unsettled investors across equity markets.
Thursday's advance marked an early recovery effort, though the underlying concerns that drove the sell-off remained unresolved.
Kevin Warsh Opens With a Hawkish Posture Kevin Warsh, the Federal Reserve's new chair, set an immediate tone: inflation is the target, and the Fed's posture will reflect that priority.
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