The Dow jumps over 250 points as Wall Street looks to end strong week
From Google: 2024-09-13 12:50:00
Wall Street is set to end the week on a strong note, with the Dow jumping over 250 points. The S&P 500 and Nasdaq are also trading higher. Optimism surrounding the Federal Reserve’s interest rate policy is fueling the gains. Tech stocks are rebounding after recent losses. Investors are also closely monitoring inflation data and corporate earnings reports.
Overall, it has been a positive week for the stock market as investors remain hopeful about the economic recovery. The Dow’s strong performance reflects growing confidence in the recovery despite concerns about inflation and rising interest rates. Tech stocks are leading the gains today, helping to boost the market overall. The Federal Reserve’s commitment to maintaining low interest rates has also contributed to the strong performance.
Read more at Google: Dow jumps more than 250 points as Wall Street looks to wrap a strong week on a high note: Live updates – CNBC