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Dow Jones scores back-to-back record close after Fed pencils interest-rate cuts

Por: MarketWatch Politics December 14, 2023

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What drove markets U.S. stocks added to a powerful rally sparked a day ago, when the Fed suggested interest rates have likely peaked in this cycle and penciled in . “We’ve certainly rallied quite a bit in the last few days,” said Robert Pavlik, senior portfolio manager at Dakota Wealth Management, noting that a pause in the rally wouldn’t be a surprise. While big equity gains were seen Wednesday after the Fed decision, the S&P 500, Dow... + full article



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