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- US equities rallied Thursday as traders mulled over coming interest rate hikes.
- The Dow popped more than 300 points, supported by Salesforce's gains on strong corporate earnings.
- Atlanta Fed President Raphael Bostic said he's "very firmly" in favor of a quarter-point rate hike.
US stocks rallied Thursday as a Federal Reserve official's comments on coming interest rates hikes cheered investors.
After opening in mixed territory, the major indexes closed in the green, even as the 2-year note yield reached levels not seen in over a decade. The Dow Jones Industrial Average popped more than 300 points to lead the gains, supported by Salesforce's strong earnings.