Technology companies and communications services stocks drove much of the gains in early trading Wednesday. Western Digital rose 3.3% and Take-Two Interactive climbed 2.5%.
Fed Chair Jerome Powell said in prepared congressional testimony that a slowing global economy and trade tensions had strengthened the case for looser monetary policy. Helen of Troy jumped 12.5% after reporting fiscal first-quarter results that topped Wall Street's forecasts.The Dow Jones Industrial Average gained 130 points, or 0.5%, to 26,911. The Nasdaq added 71 points, or 0.9%, to 8,212.
Good news for the top 10%, irrelevant or bad news for the rest of us
Keep interest rates where they are. People need to start saving also
Trump 2020!!
👍
Not a good move. Flooding money into the system will only make the inevitable inflationary depression worse.