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Investor's Business Daily on MSNStock Market Today: Dow Jones Surges To All-Time High On Rate Cut Hopes; Nvidia, Palantir Jump (Live Coverage)
The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.
A blistering cross-asset rally drove the Dow Jones Industrial Average to close at an all-time high for the first time since December as the staid blue-chip gauge finally caught up to the riskier corners of the stock market.
Dow ETFs vary widely, giving investors choices between stability, income generation or leverage keyed to the index.
Berkshire Hathaway and the Dow Jones Industrial Average have some overlap on stocks that are held in both investment portfolios.
The prospect of interest-rate cuts sparked broad gains in stocks.
The Dow Jones Industrial Average was on track for its first record close since December on Friday after Federal Reserve Chair Jerome Powell opened the door to a September rate cut, sparking a broad stock-market rally.
A strong rally erupted on Friday on Wall Street shortly after Federal Reserve Chair Jerome Powell delivered a notably dovish message during his highly anticipated speech at Jackson Hole. IWM ETF is moving fast.
If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.
U.S. stocks were rallying midday Friday on Federal Reserve Chair Jerome Powell’s Jackson Hole speech, as traders seemed more optimistic that the Fed may cut interest rates next month. The Dow Jones Industrial Average was up almost 907 points,
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TipRanks on MSNSPDR Dow Jones Industrial Average ETF Trust: Pivot points
The following are the pivot points for the SPDR Dow Jones Industrial Average ETF Trust (DIA). Pivot High: $450.11, Pivot Low: $446.92. These were