Dow soars 3.7 pct as Wall Street scores best day since 2020

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Dow soars 3.7 pct as Wall Street scores best day since 2020

STORY: Dow soars 3.7 pct as Wall Street scores best day since 2020 DATELINE: Nov. 11, 2022 LENGTH: 00:02:41 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the exterior of New York Stock Exchange in Wall Street 2. various of the trading floor of New York Stock Exchange 3. various of the exterior of Nasdaq MarketSite at Times Square 4. various of the exterior of the U.S. Federal Reserve 5. various of U.S. Federal Reserve Chairman Jerome Powell announcing the rate decision 6. various of local residents shopping in a supermarket in New York STORYLINE: Wall Street notched its biggest daily advance in more than two years on Thursday, as a softer-than-expected October U.S. consumer price index (CPI) report raised hopes for a less hawkish Federal Reserve. The Dow Jones Industrial Average popped 1,201.43 points, or 3.70 percent, to 33,715.37. The S&P 500 increased 207.80 points, or 5.54 percent, to 3,956.37. The Nasdaq Composite Index spiked 760.98 points, or 7.35 percent, to 11,114.15. All th

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