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The Dow tops 27,000 for the first time after the Fed signals a rate cut is coming
  • Stocks ended mostly higher on Thursday as the Dow Jones Industrial Average closed at a fresh high Thursday, a day after the Federal Reserve signaled that the US central bank would soon step in to keep the economy humming.
  • The Dow Jones Industrial Average briefly topped 27,000 for the first time. 
  • Expectations for a cut held up even after government data showed a key measure of core inflation came in at its fastest pace in nearly a year and a half in June.
  • Visit Markets Insider for more stories.

  • The Dow Jones Industrial Average rose 0.85% to 27,088.08
  • The Nasdaq Composite slipped 0.08% to 8,196.04
  • The S&P 500 climbed 0.23% to 2,999.91
  • Cigna Corp (+9.22%)
  • Anthem (+5.55%)
  • UnitedHealth Group (+5.53%)
  • Iron Mountain (-7.48%)
  • Merck & Co Inc (-4.50%)
  • Eli Lilly and Co (-4.09%)

Full "The Business Insider: The Money Game" article

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