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Stock Market: Dow Climbs Over 400 Points As Wall Street Cheers Powell’s Announcement Of Fed Rate Cuts On The Way

Started by RSS Bot, Fri Aug 23, 2024 - 17:03:06

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Fri Aug 23, 2024 - 17:03:06
Stock Market: Dow Climbs Over 400 Points As Wall Street Cheers Powell's Announcement Of Fed Rate Cuts On The Way

Wall Street's stock indexes increased substantially on Friday, with the S&P 500 index climbing towards a record high, after Federal Reserve Chair Jerome Powell said "the time has come" to reduce interest rates. 

Source: Stock Market: Dow Climbs Over 400 Points As Wall Street Cheers Powell's Announcement Of Fed Rate Cuts On The Way
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