U.S. Stocks Join Global Rally

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U.S. Stocks Join Global Rally

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Consumer prices unexpectedly fall; Fed decision day; Nelson Peltz takes aim at DuPont

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U.S. Stocks Join Global Rally

Wochit 0:25 mins

Stocks drifted off their session highs in late trading but still surged, as investors' enthusiasm waned for the news that Lawrence Summers bowed out of the running to lead the Federal Reserve. Mr. Summers's withdrawal also stoked a rise in Treasurys and gold prices, a decline in the dollar and gains in European stocks.

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