Posted on 07/10/19
| News Source: Reuters
New York - The benchmark S&P 500 closed higher on Wednesday after briefly crossing the 3,000-point mark for the first time following dovish remarks from Federal Reserve Chairman Jerome Powell boosting the case for an interest rate cut this month.
The Dow Jones Industrial Average rose 76.71 points, or 0.29%, to 26,860.2, the S&P 500 gained 13.43 points, or 0.45%, to 2,993.06 and the Nasdaq Composite added 60.80 points, or 0.75%, to 8,202.53. Read more at Reuters