Stocks and bonds rally after Waller dovish comments
Stocks rose and global bond yields retreated after Federal Reserve Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it. The S&P 500 rally was broad.
By Shradha DineshStocks climbed and global bond yields retreated after Federal Reserve Governor Christopher Waller said he would support holding interest rates steady if August inflation data supports it.The rally was broad, with all but three S&P 500 sectors in the green.
Financials and consumer-d…