The Dow Jones Industrial Average (DJIA) rallied into yet another record high on Thursday before turning lower and following the broader market into a soft pullback that dragged intraday prices back into the midweek range.
Dow Jones rose into a fifth consecutive all-time high before receding on Thursday. Equities are paring back after a heady rally on rate cut hopes. September rate cut is fully priced in, Fed hold at the end of July expected. The Dow Jones Industrial Average rallied into yet another record high on Thursday before turning lower and following the broader market into a soft pullback that dragged intraday prices back into the midweek range. The Dow Jones is trading firmly above the 40,000.
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