S&P 500, Nasdaq hit all-time highs after Powell’s speech

  • S&P 500, Nasdaq hit all-time highs after Powell's speech

    Federal Reserve Chairman Jerome Powell delivered for investors signaling a plan for tapering asset purchases this year, but likely won't be accompanied by rate hikes. U.S. stocks rallied across the board will all 11 of the S&P 500's major sectors rising led by energy and materials.

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