Dow Jones goes on a scorching run, climbs 600 points on Tuesday

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Dow Jones goes on a scorching run, climbs 600 points on Tuesday
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The Dow Jones Industrial Average (DJIA) surged to a second record-setting day in a row, climbing over 600 points to chalk in a fresh all-time peak above 40,850 as market sentiment buries the needle even further into hopes of a September rate cut from the Federal Reserve (Fed).

Dow Jones gains 1.5% in a single day as rate cut hopes surge. Easing US Retail Sales data reignited market bets of a September rate cut. Dow Jones sets a new record high for a second day in a row. The Dow Jones Industrial Average surged to a second record-setting day in a row, climbing over 650 points to chalk in a fresh all-time peak above 40,850 as market sentiment buries the needle even further into hopes of a September rate cut from the Fed eral Reserve .

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