Wall Street Market Update
Wall St rallies as traders reassess Fed outlook; dollar slips US stocks led global shares higher on Monday after Federal Reserve policymakers sounded cautious notes on near-term interest rate increases, while the US currency slipped.
The Dow Jones industrial average rose 239.62 points, or 1.32 percent, to 18,325.07, the S&P 500 gained 31.23 points, or 1.47 percent, to 2,159.04 and the Nasdaq Composite added 85.98 points, or 1.68 percent, to 5,211.89.
Wall St rallies as traders reassess Fed outlook; dollar slips US stocks led global shares higher on Monday after Federal Reserve policymakers sounded cautious notes on near-term interest rate increases, while the US currency slipped.
The Dow Jones industrial average rose 239.62 points, or 1.32 percent, to 18,325.07, the S&P 500 gained 31.23 points, or 1.47 percent, to 2,159.04 and the Nasdaq Composite added 85.98 points, or 1.68 percent, to 5,211.89.
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