New York – Stocks Close Higher, S&P 500 Hits 3,000 For The First Time

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    Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermidNew York – The benchmark S&P 500 closed higher on Wednesday after briefly crossing the 3,000-point mark for the first time following dovish remarks from Federal Reserve Chairman Jerome Powell boosting the case for an interest rate cut this month.

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    The Dow Jones Industrial Average rose 76.71 points, or 0.29%, to 26,860.2, the S&P 500 gained 13.43 points, or 0.45%, to 2,993.06 and the Nasdaq Composite added 60.80 points, or 0.75%, to 8,202.53.


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    4 Comments
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    ralph1527
    ralph1527
    4 years ago

    Must be the President’s fault , right ?

    Vvvvv
    Vvvvv
    4 years ago

    Pres. Trump! You continue to amaze me with all your successes despite the virulent hate and opposition coming from the other side trying to impede your progress at every turn!

    4 years ago

    This is because of President Obama. I’m not sure how, but somehow, this is because of him.