Stock Market, Dow and Fed
Dow Jones Industrial Average taps fresh record peak after Fed trims interest rate 50 bps
The Dow Jones Industrial Average (DJIA) has pulled into Wednesday’s midrange near 41,500 as investors await the Federal Reserve's (Fed) first rate cut in over four years. Markets kicked off 2024 hoping for an initial rate cut in March, but have thus far been battled all the way back to Q3. Now it finally looks like the Fed is ready to play ball.
Stock Market Today: Dow tops 42,000, pushes deeper into record territory after Fed's big rate cut
Surging U.S. index futures have sparked rallies across many bourses. In Asia, the Nikkei 225 jumped 2.1% and Hong Kong's Hang Seng added 2%, while in Europe the FTSE 100 is up 1.2%, helped by its big bevy of global-growth-sensitive commodity plays.
With Dow Jones climbing around 600 points at its highest on Thursday, the major equity index is on pace to capture yet another record close as price action digs in north of 42,000. The Dow Jones’ ...
The Dow Jones Industrial Average tracks 30 of some of ... immune to macroeconomic headwinds hurting consumer spending right now. But Amazon will continue to see its online retail business grow ...
The Dow Jones Industrial Average rose 9 points ... The benchmark S&P 500 is now within 0.8% of its record high set last month. Slightly more stocks closed lower than those that posted gains ...
Perhaps the most popular stock index in the world, the Dow Jones Industrial Average tracks the ... 5 best futures to trade and find a brokerage now.
The Dow Jones Industrial Average rose 9 points ... The benchmark S&P 500 is now within 0.8% of its record high set last month. Slightly more stocks closed lower than those that posted gains ...
But it's worth noting that this benchmark is "only" about a century old, founded in 1923, while the Dow Jones Industrial Average was first calculated way back on May 26, 1896 – making the DJIA ...
The Dow Jones Industrial Average brings together the most ... Check out the 5 best futures to trade and find a brokerage now.
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