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Wall Street rises on rate cut hopes

Wednesday, July 10, 2019 - 00:57

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. Fred Katayama reports.

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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. Fred Katayama reports.

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Wall Street rises on rate cut hopes

Wednesday, July 10, 2019 - 00:57