U.S. stocks rallied Friday as investors parsed through a medley of corporate financial results and considered the possibility Federal Reserve officials may stop raising rates sooner than anticipated.
In remarks at a meeting Friday, San Francisco Federal Reserve President Mary Daly said the U.S. central bank should avoid tipping the economy into an “unforced downturn” and that it was time to consider easing the pace of hikes.
The S&P 500 (^GSPC) bounced 1.8%, while the Dow Jones Industrial…
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