After breaking the record with S & P 500, the main index of the New York Stock Exchange, Dow Jones Industrial Average, recorded a break at a historic turn.
On Thursday, it grew for the first time in 27,000 points when it was pulled out of technology companies and healthcare companies on the one hand and expectations that the US central bank could lower interest rates this month.
Dow Jones grew by about 200 points during the trading on Thursday, reaching 27,000 points for the first time, namely 27,062 points.
In addition to the core index of the New York Stock Exchange, the broader S & P 500 index has rebounded again shortly above the record 3000 points. It was first recorded on Wednesday, July 10th. The Nasdaq technology index was also marked by moderate growth.
President of the Central Bank, Jerome Powell, said on Wednesday that "uncertainty over trade disputes and concerns about the further development of the global economy continues to affect the prospects of the US economy, and the Fed is ready to intervene adequately." keep the economy growing ". On Thursday he repeated the same words before the Senate bank committee.
Markets have accepted this so that the Fed is ready to lower interest rates this month. At present, the Fed holds them in the range of 2.25% to 2.50%. According to economists, the central bank can lower rates by 25 or up to 50 basis points.
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