Dow Adds Triple Digits As Treasury Yields Move Lower

With the Federal Open Market Committee's (FOMC) two-day meeting now underway, lower Treasury yields helped stocks rebound on Tuesday. The central bank is largely expected to keep interest rates the same, though some on Wall Street are wary recent economic data will embolden the Fed to maintain rates higher for longer. Nevertheless, the Dow scored a triple-digit pop, while both the S&P 500 and Nasdaq settled higher as well. 

Closing Indexes Summary March 19

NYSE and Nasdaq Stats March 19


GOLD EDGES LOWER AS THE GREENBACK GAINS STRENGTH

Oil prices settled higher on Tuesday, as investors continued to assess the impact of Ukraine's attacks on Russia's oil refineries could have supply and demand. April-dated West Texas Intermediate (WTI) added 75 cents, or 0.9%, to settle at $83.47 per barrel on the day.

Meanwhile, gold prices finished lower as the U.S. dollar became stronger and traders eyed the Fed's two-day meeting. April-dated gold dropped $4.60, or 0.2%, to settle at $2159.70 per ounce on the day.


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