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Stocks climb on rate cut hopes

Thursday, October 03, 2019 - 01:11

Wall Street climbed Thursday after data showing services-sector activity at a three-year low fueled expectations the Federal Reserve would cut interest rates in an effort to thwart a wider economic downturn. Fred Katayama reports.

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Wall Street climbed Thursday after data showing services-sector activity at a three-year low fueled expectations the Federal Reserve would cut interest rates in an effort to thwart a wider economic downturn. Fred Katayama reports.

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Stocks climb on rate cut hopes

Thursday, October 03, 2019 - 01:11