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Dow Jones Stocks Get A 400-Point Lift; Markets Surge After Fed President Talks Interest Rates (Live Coverage)

Dow Jones Stocks Get A 400-Point Lift; Markets Surge After Fed President Talks Interest Rates (Live Coverage)

Market indexes got an additional shot in the arm Tuesday after a Federal Reserve official said he expected interest rates to come down. The news came as investors were already enjoying robust gains on the stock market today thanks to easing wholesale inflation numbers from the Labor Department. The Dow Jones Industrial Average was the weakest of the three major indexes, though it climbed more than 400 points, or 1%.