Dow Jones and major indexes advance as easing rate-cut bets build

The Dow advanced nearly one percent on growth in rate-cut speculation and strength among AI-linked stocks.

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Dow Jones and major indexes advance as easing rate-cut bets build

Dow Jones and major indexes advance as easing rate-cut bets build
The Dow Jones Industrial Average rose about 0.9% and the S&P 500 gained 0.4% during recent trading, while the Nasdaq slipped slightly. The advance follows Monday’s 2.7% jump in the Nasdaq and 1.6% rise in the S&P, triggered by investor expectations of a potential December rate cut by the Fed. Tech names such as Alphabet Inc. continued to perform amid AI-driven momentum.
Companies:
  • Alphabet Inc.
Tags:
  • Dow Jones
  • stock market