Markets Higher as Fed Chair Says Interest Rates to Stay Low

Automatic TRANSCRIPT

And the equity market Right now he is higher in a couple of cases. We're extending yesterday's record. They began with the speech from Fed Chair J. Powell. That's having quite an effect. Let's get to the Bloomberg Macro squawk test. Bring in Bailey. Look Schultz for a look at today's Price Action, Bailey. Good afternoon, Doug. As you said, stocks are mostly higher. After Fed chair Powell unveiled a new monetary policy approach, the Dow is up 275 points SNPs up 15. But the NASDAQ is little changed US 10 year yields that 100.74% and small caps are up six

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