Articles by Rubi Paris
Stock futures rise as market enters holiday-shortened week
Stocks slumped Monday afternoon, reversing an earlier rally that came after President Joe Biden announced he would nominate Chairman Jerome Powell to continue to lead the Federal Reserve, rather than nominating Fed governor Lael Brainard for the post.The Dow Jones Industrial Average rose just 17.27 points to close at 35,619.25, down from a gain of…