Fed’s Powell bolsters rate cut view on trade, global growth concerns
July 10, 2019Oil up $2 on U.S. crude stocks draw, Gulf of Mexico storm
July 10, 2019Wall St. hits record on Powell’s comments; S&P 500 crosses 3,000
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The benchmark S&P 500 briefly crossed the 3,000 points mark for the first time on Wednesday after dovish remarks from Federal Reserve Chairman Jerome Powell bolstered the case for an interest rate cut later this month.
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