S&P 500 approach yesteday’s highs in 1.9% rally | Forexlive

US equities are approaching yesterday’s intrday highs after the Fed’s Daly signaled that 5.00% remains the top of the range that the central bank wants to hit before pausing.

The S&P 500 is up 70 points to 3735 or 1.9%. That’s just a shade below yesterday’s high of 3736. Beyond that, the weekly high was 3763.