Markets Close Higher Over Slowing Economy

Elated investors hopeful that a slowing economy marks the end of the Federal Reserve's campaign of interest rate hikes sent the markets soaring with the Dow leaping 119 points to 11,220. Nasdaq surged 40 points to 2,094 while S&P 500 climbed 15 points to 1,279. The 30-year bond rose as the yield eased to 5.067%.