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

Published on: July 10, 2019 04:12 PM
By: Reuters
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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 McDermidTraders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid

New 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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Read Comments (4)  —  Post Yours »

1

 Jul 10, 2019 at 04:49 PM Anonymous Says:

Must be the President's fault , right ?

2

 Jul 10, 2019 at 06:13 PM Thank you... Says:

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!

3

 Jul 10, 2019 at 10:43 PM Anonymous Says:

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

4

 Jul 11, 2019 at 11:50 AM Anonymous Says:

Reply to #3  
Anonymous Says:

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

It's like climate change, any and all extreme weather is caused by climate change

5

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