Dow Jones picks up 109 points as Wall Street rebounds

NEW YORK, New York - U.S. stocks initially lost ground while the dollar rallied Thursday before buyers entered the market later in the day to reverse the course of fortunes.

"The market is rallied a couple of times under this false premise that the Federal Reserve is going to pivot and start cutting interest rates right. And time and time again, the Fed pushes back on that, and the market eventually gets the mess