Stocks jump most since Jan. on jolt from Powell

U.S. STOCKS climbed the most since January Tuesday. / BLOOMBERG NEWS FILE PHOTO/ MICHAEL NAGLE
U.S. STOCKS climbed the most since January Tuesday. / BLOOMBERG NEWS FILE PHOTO/ MICHAEL NAGLE
NEW YORK – United States stocks climbed the most since January as Federal Reserve Chairman Jerome Powell signaled an openness to rate cuts and Mexican officials said they expect to avoid Trump administration tariffs. Big banks surged as Wells Fargo analyst Mike Mayo said the industry would be set to “party like it’s 1995” if…

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