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Dow Jumps 620 Points as Fed Waller Sparks Rally and Yields Tumble

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • stocks surged as dovish remarks from Fed Governor Waller lowered Treasury yields, propelling the Dow over 600 points higher.
  • Easing interest rate fears ignited broad market gains and boosted gold, offsetting elevated oil prices and lingering credit anxieties.
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XAUUSD price history

4409.50 -10.26% over the displayed period

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