Markets today: U.S. stocks climb and bond yields fall as Powell speaks

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Stocks hit fresh all-time highs and bond yields slumped as traders waded through Jerome Powell’s remarks for more clues on the Federal Reserve’s next steps.

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Markets today: U.S. stocks rise as solid Treasury sale spurs CPI betsStocks joined bonds higher after a solid $39 billion Treasury sale triggered speculation that Wednesday’s inflation reading will help make the case for the Federal Reserve to cut rates this year.
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Markets today: U.S. stocks fall before Fed as anxiety in Europe growsStocks fell from all-time highs ahead of the Federal Reserve decision and as political uncertainties in Europe drove traders to the safest corners of the market.
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