Dow closes at record high as tame inflation report also lifts small caps
- Posted on September 28, 2024
- By Business News Today
- 4 Views
Dow closes at record high as tame inflation report also lifts small caps
"The market at this point..(is) pretty much pricing in a soft landing, and pricing in that we have defeated inflation, and that the Fed will be able to lower rates without causing a bunch of harm to the economy", said Liz Young Thomas, head of investment strategy at SoFi in New York.
