Comment on Stock market today: Indexes add to records as traders parse more economic data and Fed comments

Stock market today: Indexes add to records as traders parse more economic data and Fed comments

Fed Governor Michelle Bowman was the lone dissenter on the central bank's move to cut rates by 50 basis points. Horacio Villalobos/Getty ImagesStock indexes continued to rise after Monday's record close.Investors are parsing through data and Fed commentary to determine future rate cuts.On Tuesday, Fed Governor Michelle Bowman explained why she dissented against a deep cut in September.Stocks on Tuesday extended a winning streak that has pushed the Dow Jones Industrial Average and the S&P 500 to fresh records.Both indexes closed at all-time highs on Monday amid rising outlooks that the Federal Reserve will deliver another half-point interest rate cut in November.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News