Markets Gain Support from Dovish Fed Views, Increased Confidence in the Economy

Main content

U.S. stocks markets rose broadly for the week, gaining support from dovish Fed views and increasing confidence in the economy. Stocks were down in Europe and Asia, and oil prices sank on news that Saudi Arabia might not support production limits. Gold prices fell slightly and the yield on the ten-year U.S. Treasury closed at 1.78%, down from 1.90% the prior week.

Footer content