Dow Surges to Record Highs as Fed Rate Cut Expectations Solidify Despite Mixed Economic Signals
Dow Surges to Record Highs as Fed Rate Cut Expectations Solidify Despite Mixed Economic Signals U.S. stock markets experienced a significant rally yesterday, September 11, with the Dow Jones Industrial Average soaring over 500 points to reach new all-time highs. Traders are increasingly confident that the Federal Reserve will proceed with an interest rate cut next week, even as recent economic data presents a mixed picture. The Dow Jones Industrial Average gained 532 points (1.2%), while the S&P 500 climbed…