Dow rises 250 points, lifted by falling oil and yields as market attempts comeback after Fed sell-off: Live updates
• The Dow Jones Industrial Average rose 250 points as markets recovered from a sell-off following a Federal Reserve interest rate decision. • The Federal Reserve raised the overnight funds rate by a quarter percentage point and indicated that another rate hike could occur this year. • Treasury yields declined, with the 10-year yield dropping more than 5 basis points to 4.949% after previously crossing the 5% threshold.
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