WS #11172

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Fed Chair Kevin Warsh stated inflation risks are declining and predicted AI will create jobs, spurring a bounce in stocks from session lows. Interactive Brokers reported 5.269 million daily average revenue trades in June, up 53% YoY and 6% MoM, sending stock up 6%.

Fed Chair Warsh says inflation risks declining

Fed Chair Kevin Warsh stated inflation risks are declining and predicted AI will create jobs, spurring a bounce in stocks from session lows.

Interactive Brokers reported 5.269 million daily average revenue trades in June, up 53% YoY and 6% MoM, sending stock up 6%.

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