Stocks Leap As Markets Take Bullish Signals From Fed Rate Outlook, Banking Crisis Cooling
The S&P 500 is back to the levels it traded at before the SVB collapse on March 10, thanks to a dovish Fed rate hike and a sharp pullback in Treasury bond yields. U.S. stocks powered higher Thursday, while Treasury bond yields extended their recent slump and the dollar tested two-month lows, as…
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