The Dow tops 27,000 for the first time after the Fed signals a rate cut is coming

United States News News

The Dow tops 27,000 for the first time after the Fed signals a rate cut is coming
United States Latest News,United States Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

The Dow just topped 27,000 for the first time

Stocks jumped to fresh intraday highs on Thursday after the Federal Reserve signaled the central bank would soon step in to keep the economy humming. The Dow Jones Industrial Average briefly topped 27,000 for the first time ever, a day after stocks hit intraday and closing highs. That was even as government data showed a key measure of core inflation came in at its fastest pace in nearly a year and a half in June. Visit Markets Insider for more stories.

Stocks jumped to fresh intraday highs on Thursday after the Federal Reserve signaled the central bank would soon step in to keep the economy humming. The Dow Jones Industrial Average briefly topped 27,000 for the first time ever, a day after stocks hit intraday and closing highs. That was even as government data showed a key measure of core inflation came in at its fastest pace in nearly a year and a half in June. Visit Markets Insider for more stories.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall St. edges lower as trade concerns weigh, big rate cut hopes fadeWall St. edges lower as trade concerns weigh, big rate cut hopes fadeThe S&P 500 and the Dow Industrials were on track to fall for the third straight...
Read more »

Dow futures slightly lower ahead of Fed Chair Powell's testimonyDow futures slightly lower ahead of Fed Chair Powell's testimonyFederal Reserve Chairman Jerome Powell is likely to keep the markets guessing about how soon and how deep the Fed intends to trim rates.
Read more »

Dow futures slightly higher after Fed chief signals a rate cutDow futures slightly higher after Fed chief signals a rate cutU.S. stock index futures were slightly higher on Thursday morning, on the back of fresh comments by Fed Chairman Jerome Powell.
Read more »

Health-Care Rally Helps Lift Dow Over 27000Health-Care Rally Helps Lift Dow Over 27000The Dow industrials rose, crossing 27000 for the first time, as shares of UnitedHealth Group helped the blue-chip index rally after the Trump administration dropped a plan that would have upended the health-care industry.
Read more »



Render Time: 2025-03-12 20:08:55