Wall Street rallies back to records following Fed speech

Wall Street rallies back to records following Fed speech

By STAN CHOE
NEW YORK (AP) — Wall Street is rallying Friday after the head of the Federal Reserve said it’s still far from pulling interest rates off the record low that’s helped the market soar, even if it does begin dialing back its support for the economy later this year.
The S&P 500 was 0.9% higher at 4,509 in early afternoon trading and back above its all-time high of 4,496.19 set on…

View On WordPress