article headline, 3/18!!!! stocks explode!! gold tanks!!! dollar drops!!!! after Fed speaks!!

Stocks reversed losses as Yellen spoke, with the Nasdaq climbing over 5,000 and the Dow crossing 18,000. Bonds also posted a huge rally, with the yield on the 10-year note dipping below 2% for the first time since March to as low as 1.98%. The 2-year note's yield plunged the most since 2011, according to Bloomberg. Gold also rallied, climbing by nearly 2% to around $1169.90 an ounce. The dollar index fell nearly 2% to about 98.17.

Read more: [link to www.businessinsider.com]


The Fed has dropped "patient" from its Federal Open Market Committee (FOMC) statement after the two-day meeting ended on Wednesday.

We should prepare for rate hikes to commence in June or September.

Read more: [link to www.businessinsider.com]




[link to www.businessinsider.com]