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News Wrap: Markets rise in hopes interest rate hikes slow

News Wrap: Market rises on signs interest rate hikes may slow

11/28/2018

PBS News Hour

News Wrap: Markets rise in hopes interest rate hikes slow

Clip: 11/28/2018 | 5m 55sVideo has Closed Captions

News Wrap: Market rises on signs interest rate hikes may slow

Wall Street saw gains across the Dow Jones, the Nasdaq and the S&P 500 amidst signs interest rate hikes might slow. Fed chairman Jerome Powell acknowledged that “moving too fast” could jeopardize economic growth, although he also cautioned against going to the opposite extreme. Also, President Trump refused to rule out pardoning former campaign chair Paul Manafort, calling it “not off the table.”

11/28/2018

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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...

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