As Markets Set Records, Here's What Sent Affirm Holdings Skyrocketing After Hours Friday
Friday was a great day for the stock market, as investors celebrated comments from Fed chairman Jerome Powell. Market participants took Powell's comments as signaling a measured approach to improving economic conditions, with a likelihood that the central bank will start to ease up on its purchases of bonds but will be patient before taking more-aggressive action on interest rates.
That news send the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) to new records and sent the Dow Jones Industrial Average (DJINDICES: ^DJI) sharply higher as well.
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Source Fool.com
