Dow Jones Goes Wild After Fed Chair's Confusing Speech

The Dow Jones had a wild Friday, bouncing around like a pinball! It closed at 53,700 after a 320-point swing, thanks to the Fed chair’s puzzling speech. Traders went from chill to thrill as the chance of a September rate hike shot up over 55%. Short-term yields climbed, but long-term ones stayed put, showing traders are ready for a quick hike but not a long-term change.