Dow soars 800 points and hits record high as Powell hints at rate cut
Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell signaled interest rate cuts could be on the way.
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Read MoreDow Jones hits record high as US signals rate cut
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What’s the story
Wall Street’s key indexes closed on a positive note on Friday, with the Dow Jones Industrial Average hitting a new record.
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Read MoreDow hits record high after Fed Chair hints at September rate cuts
(The Center Square) – The Dow Jones Industrial Average clinched a record high Friday for the first time this year hours after Federal Reserve Chair Jerome Powell hinted that the Fed may soon lower interest rates.
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Read More13 Best S&P 500 Stocks to Buy According to Wall Street Analysts
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
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Read MoreNewcastle United partner with global Cryptocurrency exchange
The partnership will see BYDFi become the club’s official Cryptocurrency Exchange Partner, with their branding featured across a range of digital assets, including monthly highlight packages of match action across various social media channels.
The collaboration aims to strengthen Newcastle United’s connection with a growing global fanbase, while supporting BYDFi’s goal of increasing influence across the international financial landscape.
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Read MoreThe Burst
Market Commentary: 1 Pet Stock You Would Be Barking Mad To Overlook
Following a market correction in 2022 of about 20%, this year has been topsy turvy with some stocks doubling and others lagging like an anchor is tied to their share price.
PetMed Express falls into that latter category as losses mounted but the underwhelming performance has created a potential opening for value investors to get in at really low prices.
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Read MoreThe Ivy
1 Under-the-Radar AI Stock Set To Soar
In a move that has piqued the interest of many investors, Nancy Pelosi, the former Speaker of the U.S. House of Representatives, recently purchased call options on Broadcom.
Her stake, valued at somewhere between $1 million and $5 million, is a significant vote of confidence from a well-connected political figure. It also raises the question,
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Read MoreThe Spotlight
This Stock Is Amazon, eBay and PayPal COMBINED
Latin America is one of the world’s largest emerging markets, and it is growing rapidly. Major U.S. companies are rushing to get established in countries like Brazil and Argentina in an effort to capture market share ahead of potential competitors. However, it seems they are already too late. Latin American innovators and entrepreneurs have already designed solutions for the digital age that are customized for the unique needs of Latin American consumers.
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