US equity markets advanced after an unexpectedly weak private-sector hiring report further bolstered expectations of an interest rate cut by the Federal Reserve next week - Dow rose +408-points or +0.86%
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US equity markets advanced after an unexpectedly weak private-sector hiring report further bolstered expectations of an interest rate cut by the Federal Reserve next week - Dow rose +408-points or +0.86%
US equity markets extended their strong start to the holiday-shortened week as the latest delayed economic data releases bolstered hopes of Federal Reserve interest rate cuts - Dow rallied +664-points or +1.43%, rebounding from an earlier ~100-point decline. Merck & Co Inc (+5.24%) and Home Depot Inc (+4.34%) were the leading performers in the 30-stock index.
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US equity markets advanced after an unexpectedly weak private-sector hiring report further bolstered expectations of an interest rate cut by the Federal Reserve next week - Dow rose +408-points or +0.86%