Global Update: New records in US for the second consecutive day, Dow jumps 200 points to new high

Dow jumps 200 points to new high. Good buying on S&P 500 and Nasdaq also. Big gains on Russell 2000 for the third day, jumped 1.8%. Good action in the market on the expectation of Trump's victory. Jerome Powell again promises to cut interest rates. Fed will not wait for inflation to fall to 2%. Goldman Sachs jumped 2.5% on the basis of good results.

Updated on: July 16, 2024, 10.51 AM IST
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