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

Name: Global Update: New records in US for the second consecutive day, Dow jumps 200 points to new high
Uploaded: 2024-07-16T10:51:01+05:30
Duration: 3 min 46 s
Description: 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.

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.

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Written By: Zee Business Video Team

Updated on: July 16, 2024, 10.51 AM IST