Markets Soar With Possible End Of Rate Hikes

The markets soared to close higher after the Federal Reserve released minutes from its Federal Open Market Committee meeting indicating that the end of interest rate hikes is near. The Dow jumped 195 points to 11,269 while Nasdaq leaped 45 points to 2,356. S&P 500 surged 22 points to 1,308. The 30-year bond rose as the yield slipped to 4.974%.