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Dow Opens in Record Territory as Wall Street Gets Rate-Cut Fever

Summary by KIFI

By John Towfighi, CNN New York (CNN) — The Dow on Friday was on pace to close at its first record high of the year, reflecting steady optimism on Wall Street despite signs of underlying turbulence in the economy. US stocks opened mixed Friday morning. The Dow rose 268 points, or 0.6%. The S&P 500 rose 0.1%. Meanwhile, the Nasdaq Composite fell 0.05%. The Dow opened in record territory, surpassing its previous intraday record high set on December…

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Bloomberg

Lean Left

Inflation Signs Set Fed Policymakers Up for Unusual Rate Cut

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7 hours ago·United States

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CNN

+4 Reposted by 4 other sources

Lean Left

Dow hovers near record territory as Wall Street gets rate-cut fever

The Dow on Friday was trying to close at its first record high of the year, as Wall Street has maintained steady optimism despite signs of underlying turbulence in the economy.

7 hours ago·Atlanta, United States

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