Dow leaps to all-time high after Fed slashes rates by half-point
Wall Street’s main indexes jumped in volatile trading on Wednesday after the Federal Reserve’s highly anticipated half-point rate cut first interest rate cut in more than four years. In afternoon trading, the Dow Jones Industrial Average hit an all-time high of 41,981.97. It recently climbed 196.36 points, or 0.5%, to 41,798. The blue chip index closed at record on 41,622.08 on … Read more