Thornburg Investment Management Portfolio Manager Christian Hoffmann in The Wall Street Journal

Stocks Close Higher to Finish Strong Week

Yields pause their climb as investors weigh possibility of smaller rate increases

U.S. stocks finished the week with strong gains, as investors weighed the possibility of a slower pace of interest rate increases and the latest batch of corporate results.

TheĀ S&P 500 rose 2.4%, with gains accelerating midday. The technology-focused Nasdaq Composite added about 2.3% and the Dow Jones Industrial Average rose 2.5% about 749 points.

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