hi guys
i'd still be a little cautious..
by no means does it say interest rates wont go up again.
a few hawkish comments will see a retrace very quickly.
as they say "enjoy the moment"
NEW YORK, June 29 (Reuters) - U.S. stocks rallied on Thursday, propelling the Nasdaq up nearly 3 percent, as investors interpreted the Federal Reserve's policy statement as a signal the central bank may pause after its latest interest-rate increase.
The Dow surged almost 2 percent to post its biggest one-day percentage gain since April 2005.
Based on the latest available data, the Dow Jones industrial average <.DJI> shot up 215.80 points, or 1.97 percent, to end unofficially at 11,189.36. The Standard & Poor's 500 Index <.SPX> climbed 26.77 points, or 2.15 percent, to finish unofficially at 1,272.77. The Nasdaq Composite Index <.IXIC> surged 61.00 points, or 2.89 percent, to close unofficially at 2,172.84.
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- id still be a little cautious
id still be a little cautious
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