Stocks Rally On Hopes Of Less Aggressive Rate Hikes
And More ı By Rochdi Rais
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- S&P 500: 3,753.15, up 2.38%
- Dow Jones Industrial Average: 31,083.02, up 2.47% (749.43 points)
- Nasdaq Composite: 10,859.72, up 2.31%
- West Texas Intermediate crude gained 0.7% to trade at $85.16 per barrel. Brent crude, the international benchmark, surged 1.2% to $93.54.
- Gold climbed 1.4% to $1,659.60 per ounce.
- The 10-year Treasury yield plunged to 4.2%.
- Bitcoin gained 0.7% to $19,229.82.
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