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Dow scores highest close in history. Here's what that means in big picture.

Por: MarketWatch Business December 14, 2023

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Bigger picture: Including Wednesday’s record Dow close, it has been 531 trading days since the Dow’s last 1,000-point milestone, the longest time between milestones since 14,000 to 15,000. The U.S. central bank on Wednesday at the range of 5.25% to 5.5%, a 22-year high, while officials penciled in three rate cuts in 2024, according to its revised dot-plot forecast. In an afternoon press conference, Fed Chair Jerome Powell said the central... + full article



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