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
The blue-chip Dow was on pace to ink a milestone, a day after the Federal Reserve cut interest rates in a big way. The Dow Jones Industrial Average was up 1.3%, at last check, trading near 42,030. Should that level hold,
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’ ...
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Dow Jones Rallies As Fed Pivot Fuels Stocks; Nvidia Surges Past Key Level (Live Coverage)Dow Jones stocks jumped more than 400 points after the Fed cut rates by 50 basis points Wednesday. Nvidia soared past a key level.
The rise of artificial intelligence has reordered the American stock market, pushing the likes of Nvidia Corp. and other ...
The Dow Jones Industrial Average is rallying Thursday afternoon with shares of Salesforce and Caterpillar seeing positive gains for the price-weighted average.
The S&P 500 was up 2% and trading at a record high Thursday afternoon. The Dow Jones Industrial Average also traded ...
The S&P 500 soared to a new all-time high, reaching 5,700 points. Similarly, the Dow Jones Industrial Average climbed ...
Wednesday's rate cut in the world's largest economy was the first such move by the US central bank in more than four years, ...
Following the Federal Reserve's larger-than-usual interest rate cut to launch its efforts to avert a recession, U.S. stock ...
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