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Stocks Rise on Hopes for Fed Rate Cut but Gains Capped by Weak Jobs Growth
The Dow Jones Industrial Average rose Wednesday as investors bet any trade-related slowdown in the domestic economy will be offset by an interest rate cut from the Federal Reserve. was higher after CEO Tim Cook told CBS News he didn't think the tech giant would be targeted by China should the ongoing trade war between Washington and Beijing seep further into the tech sector. Stocks rose Wednesday, following Wall Street's biggest single-day gains in at least five months during the previous session, as investors were bolstered by a potential interest rate cut from the Federal Reserve, but gains were capped by a weak U.S. private payrolls report.
https://finance.yahoo.com/m/c42a17d...0/stocks-rise-on-hopes-for-fed.html?.tsrc=rss
The Dow Jones Industrial Average rose Wednesday as investors bet any trade-related slowdown in the domestic economy will be offset by an interest rate cut from the Federal Reserve. was higher after CEO Tim Cook told CBS News he didn't think the tech giant would be targeted by China should the ongoing trade war between Washington and Beijing seep further into the tech sector. Stocks rose Wednesday, following Wall Street's biggest single-day gains in at least five months during the previous session, as investors were bolstered by a potential interest rate cut from the Federal Reserve, but gains were capped by a weak U.S. private payrolls report.
https://finance.yahoo.com/m/c42a17d...0/stocks-rise-on-hopes-for-fed.html?.tsrc=rss
