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US close: Stocks give up gains after Warsh's hawkish comments

By Benjamin Chiou

Date: Friday 28 Aug 2026

(Sharecast News) - US stock markets erased earlier gains on Friday as hawkish comments from Federal Reserve chair Kevin Warsh pushed equity indices into the red.
The Dow, S&P 500 and Nasdaq, which were trading marginally higher early on, finished down 0.02%, 0.25% and 0.52% respectively.

Speaking at the Jackson...

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