U.S. stocks closed out a volatile session sharply higher Tuesday after Federal Reserve Chair Jerome Powell embraced the presence of disinflation in the economy during a speech in Washington, D.C. The S&P 500 (^GSPC) soared 1.3%, while the Dow Jones Industrial Average (^DJI) jumped 265 points, or 0.7%. The technology-heavy […]

U.S. stocks closed higher Tuesday, even as Wall Street processed hawkish rate talk from Federal Reserve officials and remarks on inflation from Chair Jerome Powell at an event hosted by Sweden’s central bank. The S&P 500 (^GSPC) rose 0.7%, and the Dow Jones Industrial Average (^DJI) added nearly 200 points, […]