Stocks shot up, with the Dow up nearly 600 points, and Treasury yields rose as investors parsed testimony on the Fed's plan to raise interest rates
, as investors watched for updates from Ukraine and parsed testimony on the Federal Reserve’s plans to raise interest rates..
The Dow Jones Industrial Average gained 596 points, or 1.8%, and the technology-focused Nasdaq Composite Index added 1.6%. The advances were broad-based, with most of the S&P 500’s 11 sectors rising 1% or more.
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