Home Blockchain News Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support

by Rss Feed from web
111 views
cryptocurrency news feed

By CCN: The Dow and broader U.S. stock market extended their relief rally on Wednesday, as traders continued to raise bets that the Federal Reserve will cut interest rates following its July policy meeting. Markets are now being driven almost entirely by hope even as the Department of Justice and Federal Trade Commission continue to broaden their antitrust probes of Silicon Valley’s largest technology companies. Dow Extends Relief Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes headed for big gains on Wednesday, extending a strong pre-market session for Dow futures. The Dow Jones Industrial Average climbed 176.94

The post Dow Pumps After Fed Capitulation Takes Stock Market Off Life Support appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment