Wall Street soars at close with Fed’s policy in focus

 

Major stocks on Wall Street saw significant gains at the end of Wednesday’s session following the day marked by Apple’s annual event and the Federal Reserve’s latest Beige Book report, a summary of past economic developments. Earlier today, Apple Inc. presented a broad lineup of new products, including multiple iPhone 14 versions, three Apple Watch Series 8 models as well as the new AirPods Pro earbuds. The Dow Jones soared 1.40% or 436 points at the closing bell, while the Nasdaq 100 climbed 2.07% or 248 points, and the S&P 500 grew by 1.84%. The euro jumped 1.05% against the greenback to return just above parity levels and trade for 1.00092 at 4:01 pm ET. NN: i saw this rally back coming after 3 weeks of drops. So we took the fucking money and ran. I live making money the old fashioned way….. Stealing it from Wall Street!