• Stocks jump in Fed rally, S&P eyes new record

  U.S. stocks jumped in day two of what is considered a post Federal Reserve rally after policymakers said they'd begin unwinding stimulus faster than expected as the economic recovery from the pandemic continues. Dow members, Caterpillar and IBM led the gains, as Apple inched closer to becoming the first company to reach $3 trillion in market value. In commodities, oil traded above $71 per barrel.

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