The Dow closed at 28,032.38 – up 36.78
The Fed signals rates will stay near zero for at least 3 years. Economic turnaround depends on how we control the coronavirus. More fiscal stimulus is likely needed to support jobs and income.
Friday the 18th will see quadruple witching – the quarterly expiration of futures and options on indexes and stocks in U.S. markets.
Gold was little changed – around 1,959.20 an ounce.
WTI increased 5% to 40.18 a barrel.