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Stocks Rally After Fed Rate Hike | Monroe Louisiana News
U.S. stocks rally sharply today after a Fed rate hike sent markets into a tailspin—S&P 500, Dow, and Nasdaq all surge as oil prices plunge, easing inflation fears and lowering bond yields. The Fed’s surprise 25-basis-point hike, its first in three years, signals more hikes ahead and higher rates to come, but resilient economic data—including falling unemployment claims and stronger manufacturing—gave the move credibility. AI and homebuilder stocks also climb, buoyed by lower borrowing costs despite mixed earnings and slowing construction. Listen in comfort:Get a discount on a Soli Pillow…
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