Wall Street Is Upbeat After Fed Chair Speech
- 5 years ago
According to Reuters, comments from the Federal Reserve chairman eased concerns on Wall Street, leading to a rally.
On Nov. 28th, the Dow Jones Industrial Average jumped over 2-percent, gaining 546-points on the day, rising to 25,295.
The Nasdaq Composite also rose over 2-percent, adding 148-points on the day.
The S&P 500 also made some gains, adding about 1.7-percent on the day, for a 45-point increase.
Ten of the S&P's top eleven indexes were also trading up, led by the tech sector, which rose 2.4-percent.
On Nov. 28th, the Dow Jones Industrial Average jumped over 2-percent, gaining 546-points on the day, rising to 25,295.
The Nasdaq Composite also rose over 2-percent, adding 148-points on the day.
The S&P 500 also made some gains, adding about 1.7-percent on the day, for a 45-point increase.
Ten of the S&P's top eleven indexes were also trading up, led by the tech sector, which rose 2.4-percent.