S&P 500, Dow hit record high at open on hopes of rate cut

July 12, 2019 admin Business News Comments Off on S&P 500, Dow hit record high at open on hopes of rate cut

The S&P 500 and Dow indexes hit a record high at the open on Friday, after Federal Reserve Chairman Jerome Powell’s dovish remarks this week boosted bets of an interest rate cut this month.

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Source:: Reuters – Business News