Stocks rose on Tuesday as new signs emerged that central banks are prepared to roll out economic stimulus should recession signs continue to arise. The Federal Reserve suggested in its most recent minutes that the central bank could cut rates further in 2019 if the global economy continued to weaken. Target surged 20% to a record high on Wednesday after the retailer posted an earnings beat and raised its profit outlook for the year. Visit the Markets Insider homepage for more stories.
Stocks rose on Tuesday as new signs emerged that central banks are prepared to roll out economic stimulus should recession signs continue to arise. The Federal Reserve suggested in its most recent minutes that the central bank could cut rates further in 2019 if the global economy continued to weaken. Target surged 20% to a record high on Wednesday after the retailer posted an earnings beat and raised its profit outlook for the year. Visit the Markets Insider homepage for more stories.
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