Dow Surges to Record Territory as Markets Eye Titanic Rate Cut

The Dow and broader U.S. stock market approached record highs on Wednesday, as traders doubled down on their bets that the Federal Reserve will cut interest rates aggressively to bolster a weakening economy. Dow Hits Intraday High; S&P 500, Nasdaq Follow All of Wall Street’s major indexes surged after the open, as stocks tracked a […]

The post Dow Surges to Record Territory as Markets Eye Titanic Rate Cut appeared first on CCN Markets

Source: https://www.ccn.com/news/dow-50-basis-point-rate-cut/2019/07/10/

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