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Interactive Advisors
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IBM and Chevron are among the Dow’s worst performers since August 2 high.
But both companies are feeling the pressure of increased saturation in the high-end smartphone market.
While only two official dissenters opposed the December rate cut, dot-plot projections reveal that six Fed members, including four “silent dissenters,” were against easing, signaling deeper division within the Fed than headlines suggest.
Fed policy and stock splits helped power market moves