June 16, 2024Good Econ NewsOk, we had some bad, so time for some good: The Dow Jones Industrial Average rocked 200 points higher and the S&P 500 broke through the 1,000 level for the first time in a year as U.S. stocks rallied Monday. Stronger-than-expected manufacturing data, indications of continuing strength in the housing market, and expectations of a rate cut by the Federal Reserve sent money flowing back into stocks. Source: Stocks rally to highest levels in a year Posted by Steven Taylor at June 16, 2024 04:03 PM | TrackBackComments
Post a comment
|
|