The stock market saw a bump Friday afternoon after news broke that Steve Bannon would be leaving his role as President Donald Trump’s chief strategist.
The Dow Jones Industrial Average gained more than 60 points in 20 minutes after news broke that Bannon was likely out, Axiosreported.
The market increase continued with another mini bump an hour later when Maggie Haberman of the New York Times confirmed Bannon was out.
Wall Street is reacting positively to news that Steve Bannon is out. https://t.co/EqIUw3weBN pic.twitter.com/JQHOWrGYMx
— Axios (@axios) August 18, 2017
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