Markets Surge After Rate Hike

Investors cheered that the today's rate hike may be the last for a while sent the markets soaring to close higher with the Dow jumping 217 points to 11,191. Nasdaq surged 63 points to 2,174 while S&P 500 leaped 27 points to 1,273. The 30 year bond rose as the yield slipped to 5.251%.