ListenIndications that the job market remains hot could complicate the Fed’s interest-rate plans and send yields higher again.
Stocks rose broadly Thursday, gaining for a second day after Federal Reserve Chair Jerome Powell signaled that the central bankThe S&P 500 rose 1.9% in its biggest gain since April. The Dow Jones Industrial Average added more than 560 points, or 1.7%, while the Nasdaq Composite was 1.8% higher.Continue reading your article with
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Stock Market Today: Stocks extend gains as investors see end to Fed rate hikesMarkets are convinced the Fed has ended its historic tightening cycle, with the biggest bets now focused on a rate cut in June.
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