The Dow reverses a 360-point loss and ends the day higher after Federal Reserve Chair Powell eases inflation and rising interest rate fears.
Dow Jones finished +16 at 31,537
S&P 500 finished +5 at 3,881
NASDAQ finished -68 at 13,465
The 10 Year Treasury closed down 1 basis point yielding 1.36%
Oil prices closed up $0.27 ending at $61.97 a barrel.
Gold prices closed down $4.00 ending at $1,804 an ounce.
In the days’ stock news:
U.S. stocks reversed from a sharp sell-off and closed higher...
Stocks fell sharply today after Federal Reserve Chair Powell failed...
Tech stocks dragged down the S&P 500 today along with...