Stocks jump after Powell pushes back on bigger rate hikes after half-point increase: May 5

Published: May 5, 2022, 7 a.m.

b"U.S. stocks turned higher Wednesday afternoon, with investors considering the Federal Reserve's latest monetary policy decision against the backdrop of elevated inflation and a still-tight U.S. labor market.\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"