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Market Pulse: Dow, S&P 500 close nearly 2% higher as stock market parses Powell’s House testimony, Ukraine-Russia conflict

Market Pulse: Dow, S&P 500 close nearly 2% higher as stock market parses Powell's House testimony, Ukraine-Russia conflict

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U.S. stocks posted sharp gains on Wednesday, as Dow Jones Industrial Average and the S&P 500 rallied, as investors watched Russia’s bloody invasion of Ukraine and parsed testimony from Federal Reserve Chairman Jerome Powell, who provided the clearest signals to date on the central bank’s plan later this month to lift interest rates in its combat against punchy inflation.

...read full article on Market Watch

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