New York – Wall St. Ends Up Sharply On Rate Cut Hopes, Trade Optimism

    1

    New York – Wall Street’s major indexes charged higher on Friday, as sharply slowing U.S. job growth boosted hopes for Federal Reserve interest rate cuts while optimism about potential progress in U.S. trade fights with China and Mexico added to risk appetites.

    Join our WhatsApp group

    Subscribe to our Daily Roundup Email


    Based on the latest available data, the Dow Jones Industrial Average rose 262.87 points, or 1.02%, to 25,983.53, the S&P 500 gained 29.76 points, or 1.05%, to 2,873.25 and the Nasdaq Composite added 126.55 points, or 1.66%, to 7,742.10.


    Listen to the VINnews podcast on:

    iTunes | Spotify | Google Podcasts | Stitcher | Podbean | Amazon

    Follow VINnews for Breaking News Updates


    Connect with VINnews

    Join our WhatsApp group


    1 Comment
    Most Voted
    Newest Oldest
    Inline Feedbacks
    View all comments
    puppydogs
    puppydogs
    4 years ago

    Yes I know Trump is leading us to a recession. Market going to tank. We’ve all heard it before.