Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data

Dow’s Absurd Rally Intensifies as Markets Flip Script on Toxic Data

By CCN: The Dow and broader U.S. stock market extended their relief rally to a fourth day on Thursday after dismal jobs data bolstered expectations that the Federal Reserve will slash interest rates this summer. Dow Extends Rally; S&P 500, Nasdaq Follow All of Wall Street’s major indexes continued higher on Friday, mirroring a strong pre-market for Dow futures. By the close, the Dow Jones…

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