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Economy, Stocks

“Dow jumps 200 points to break above 27,000 for the first time ever”

“The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell that signaled easier monetary policy could be implemented later this month…

Meanwhile, the S&P 500 rose 0.3% to trade back above 3,000 while the Nasdaq Composite gained 0.2%. The S&P 500 first broke above 3,000 on Wednesday…”

https://www.cnbc.com/2019/07/11/stock-market-fed-chief-signals-a-rate-cut.html

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