Dow, S&P rise to record close after bank stocks surge on the Fed

The S&P 500 and Dow Jones industrial average closed at record highs and bank stocks surged after the Federal Reserve indicated another rate hike this year was possible and that it would begin the unwinding of its balance sheet next month. The statement was a little more hawkish than traders antic...

Dow, S&P rise to record close after bank stocks surge on the Fed