Business & Finance: US Today

624 points — the Dow's Thursday surge, its biggest single-day jump in weeks, fueled by a Fed governor's signal that the rate-hike train might not leave the station after all.

Market Movers: Waller vs. The Hike

• Fed Governor Christopher Waller said he's seeing signs of disinflation and would support holding rates steady if the trend continues, a stark contrast to the market's recent pricing of a September hike.
• Treasury yields pulled back sharply on...