Pre-Market Podcast Thursday
US equities finished mixed overnight. Blue chip Dow Jones closed down 72 points (-0.22), weighed down by healthcare stocks. Dow at worst down 171 points. S&P 500 was essentially unchanged, down 0.04%, and the NASDAQ gained 0.27% after Powell reiterated that interest rates would rise further this year and that he did not see inflation falling to its target rate this year or next year. US treasuries softened ahead of Friday’s PCE price index results, and the greenback strengthened on Powell’s tough talk. Among stocks, Nvidia fell 1.8% after the US government is considering restrictions on exports of AI chips…