Stock Market Today: Dow finishes above 42,000 for first time in history after Fed's big rate cut
Both the Dow and S&P 500 opened in record territory on Thursday as stocks rallied following the Federal Reserve's jumbo interest-rate cut. The central bank kicked off its rate-cutting cycle on Wednesday by cutting its policy-rate target by 50 points.
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Markets on Wall Street were positioned to open at record highs Thursday after the Federal Reserve issued a bigger-than-usual ...
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