Lower Interest Rate Hopes Spark Biggest Stock Gain in Weeks
Investors cheered as hopes for lower rates pushed stocks higher in a broad market rally. Leading indices climbed with gains across sectors, while traders weighed economic data and potential policy shifts.
MENTIONED IN THIS ARTICLE
AP Business
New York
Dow Jumps 17.44 Points To 861.23
The Dow Jones Industrial Average rose 17.44 to 861.23 as gains outpaced losses by about three to one on the New York Stock Exchange. Analysts cited short covering and anticipated lower short term rates by late summer as drivers, with financials and tech stocks advancing.
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Fia
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Saltz
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Aguirre Co
Afman
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First Nation City Bank
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