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Dow Poised to Blast to New All-Time High on ‘Really Strong’ GDP

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By CCN: The Dow Jones Industrial Average has slightly dipped over the past four days by around 150 points after the U.S. stock market index neared all-time high levels. The Dow’s pullback closely followed the strong recovery of the U.S. stock market in recent months, as strategists warned that stocks had become too expensive for retail investors. But, with the U.S. economy in a strong position after recording a 3.2 percent growth rate in the first quarter of 2019 and the Federal Reserve reluctant to raise rates even amidst solid economic growth, the Dow should demonstrate considerable strength in the

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* First published on ccn.com

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