Stocks Set New Highs, Treasuries Rally as Market Readies for Fed Rate Cut

Published 1 month ago Positive
Stocks Set New Highs, Treasuries Rally as Market Readies for Fed Rate Cut
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Fresh signs of a slowing jobs market spurred a rally in the bond market, while a relatively benign inflation report has kept stocks trending higher this morning. The Dow rose 445 points, or 1%, on pace for its fourth record close of the year. The Federal Open Market Committee meets next week for the seventh time this year.

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