Dow and Nasdaq close at record highs amid expectations for the Fed to lower rates | Metals Mine

  • Dow and Nasdaq close at record highs amid expectations for the Fed to lower rates

    From cnbc.com

    Stocks closed at record highs on Wednesday as investors bet on a potential rate cut from the Federal Reserve later this month after the release of weaker-than-expected economic data. The Dow Jones Industrial Average gained 179.32 points to end the day at 26,966, notching intraday and closing all-time highs. The Nasdaq Composite advanced 0.7% to 8,170.23. The S&P 500 also rose 0.7% to 2,995.82 as the real estate and consumer sectors powered the broad index to record levels. Tech also boosted the index, rising 0.7% to a record high. The S&P 500 closed just 0.1% below 3,000. “The first time we get there you’ll ... (full story)

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The Fool
Jul 3, 2019 2:01pm
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Quoting 676f6c64
Wow, Bob is sure happy.
....naw, his face is frozen like that from the last flash crash....poor schmuck...
676f6c64
Jul 3, 2019 1:13pm
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Wow, Bob is sure happy.

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Muhammedfx
Jul 3, 2019 11:21pm
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Truth is America is huge poverty stricken country now. Read this report. Dont judge America with stock market money. Because that comes from whole world.


America dont even have money to remove poo from streets.

https://www.zerohedge.com/news/2019-07-03/what-did-president-trump-say-when-asked-about-epidemic-human-feces-americas-streets
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UKBanter
Jul 4, 2019 8:02am
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Quoting Muhammedfx
Truth is America is huge poverty stricken country now. Read this report. Dont judge America with stock market money. Because that comes from whole world. America dont even have money to remove poo from streets. https://www.zerohedge.com/news/2019-...ericas-streets
Not that bad over here but it doesn't half stink of weed........
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raklian
Jul 3, 2019 11:44pm
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Quoting Micc23
Wow. Weaker projected employment for this month equals record stock market rally. which equals stronger economy. i am confused.
As long as we're talking about rate cuts from the FED, the stock market will keep making new highs. To pop the bubble, the FED will have to lay rest they won't be cutting after all.
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AnniLi
Jul 3, 2019 3:36pm
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Low bond yields support much higher stock price indexes if low inflation and economic growth can be sustained.
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Liarg
Jul 3, 2019 3:42pm
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Stocks ignore all bad news BTD like always next time lol
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Micc23
Jul 3, 2019 10:44pm
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Wow. Weaker projected employment for this month equals record stock market rally. which equals stronger economy. i am confused.
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Trader#504E
Jul 4, 2019 8:04am
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Quoting raklian
{quote} As long as we're talking about rate cuts from the FED, the stock market will keep making new highs. To pop the bubble, the FED will have to lay rest they won't be cutting after all.
The new about homelessness in America involves a city in the sate of California. Your statement is equivalent to suggesting that a homeless problem in the city of Paris means the entirety of Europe is poor.

Perspective is key.
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