Stocks Hit Highs, Bonds Tumble After Powell Pivot: Markets Wrap
Wall street signage is seen near the New York Stock Exchange (NYSE) in New York, U.S. (Photographer: Jeenah Moon/Bloomberg)

Stocks Hit Highs, Bonds Tumble After Powell Pivot: Markets Wrap

(Bloomberg) -- U.S. stocks’ record-breaking rally continued and bond yields surged after Jerome Powell reiterated that the Federal Reserve will remain accommodative. The dollar climbed from a two-y...
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