US stocks advanced on Friday, with the Nasdaq Composite hitting a record high, as softer-than-expected jobs data lowered expectations for an imminent Fed rate hike. Falling Treasury yields and oil prices further boosted investor risk appetite.The Dow Jones Industrial Average rose 306.78 points, or 0...
Federal Reserve officials have gone quite a long way to offer strong signals into possible direction of interest rates despite chairman Kevin Warsh's strong reluctance to give any guidance whatsoever, and that has helped traders reassess their positions on the rate decision, according to a Bloomberg...