Stocks and bonds rally after Fed hikes rates and oil prices fall

Business

Stocks And Bonds Rally After Fed Hikes Rates And Oil Prices Fall

By NBC News

U.S. stock indexes rose sharply Thursday after the Federal Reserve hiked interest rates in a bid to rein in rising inflation. The S&P 500 closed higher by 1.1% while the Nasdaq Composite surged 1.7%. The Dow Jones Industrial Average rose 316 points, ...Read more