US stocks slip and dollar strengthens
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Nvidia helped lift the market after an encouraging revenue forecast from a major player in the chipmaking industry.
The greenback has slumped as investors "Sell America." Several factors explain why the dollar is shedding value.
2don MSN
The dollar could have further to fall as its decline creates a 'double-edged sword' for America
The U.S. dollar fell on Tuesday after President Donald Trump insisted the currency — which declined notably last year — is doing "great."
The dollar rallied today while gold and silver posted dramatic declines, in part due to confirmation that President Trump would nominate Kevin Warsh to lead the Federal Reserve. Markets expect Warsh,
Wall Street ticked to a record as stocks zigzagged underneath the market’s surface following mixed profit reports from UnitedHealth, General Motors and other big companies.
Gold slumped as a report the Trump administration is preparing to nominate Kevin Warsh for Federal Reserve chair boosted the dollar, but the metal was still set for its best month since the 1980s.