Stocks rallied after the Fed, with yields snapping an 8-day winning streak
Stocks rose on Friday, after a day in bond earnings that Federal Reserve Chair Jerome Powell’s more hawkish tone helped the S&P 500 and Nasdaq post their longest winning streak in two years. The Dow Jones Industrial Average (^DJI) rose about 0.5%, or more than 150 points, while the tech-heavy Nasdaq Composite (^IXIC) and the…