From Dow Jones & Company: 2025-03-19 14:38:00

The stock market surged as Federal Reserve Chair Jerome Powell spoke, with the Dow rising 286 points (0.7%) and the S&P 500 up 1%. The Nasdaq Composite also rose 1.3%. The central bank held interest rates steady at its March meeting and indicated they predict two quarter-point interest rate cuts by year-end.



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