Record highs come amid hopes a cooldown in inflation will allow Federal Reserve to cut interest rates several times this year
Wall Street scaled fresh records on Monday, as the S&P 500 and the Dow Jones industrial average each closed at an all-time high.
The S&P gained 0.2% to 4,850.43. The Dow cleared 38,000 for the first time, rising 0.4% to 38,001.81.
Continue reading…Record highs come amid hopes a cooldown in inflation will allow Federal Reserve to cut interest rates several times this yearWall Street scaled fresh records on Monday, as the S&P 500 and the Dow Jones industrial average each closed at an all-time high.The S&P gained 0.2% to 4,850.43. The Dow cleared 38,000 for the first time, rising 0.4% to 38,001.81. Continue reading…
