Stock Market Today: Dow Soars 498 Points As Stocks Bounce Back From Fed-fueled Plunge

REUTERS/Dario Cantatore/NYSE EuronextUS stocks soared Friday after tame inflation data and dovish comments from the Fed's Austan Goolsbee.Goolsbee said he expects interest rates to continue to decline over the next 12-18 months.Investors are closely monitoring a potential government shutdown and a big triple-witching day for the options market.US stocks surged on Friday, recovering some of the week's losses sparked by a hawkish Federal Reserve.The Dow Jones Industrial Average rose nearly 500 points, giving back some of its intraday gains after being up over 800 points.

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  • Stock market today: Dow soars 498 points as stocks bounce back from Fed-fueled plunge
    US stocks soared Friday after tame inflation data and dovish comments from the Fed's Austan Goolsbee. Goolsbee said he expects interest rates to continue to decline over the next 12-18 months.
    12/20/2024 - 11:00 am | View Link
  • Stock market today: Dow soars 498 points as stocks bounce back from Fed-fueled plunge
    US stocks surged on Friday, recovering some of the week's losses sparked by a hawkish Federal Reserve. The Dow Jones Industrial Average rose nearly 500 points, giving back some of its intraday ...
    12/20/2024 - 8:45 am | View Link
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