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Dow Jones closes above 40,000 for first time in history amid hopes of Federal Reserve rate cut

Companies across different sectors helped fuel highest closing in the 139-year-old index’s history

Jamie dimonTom hainlinBureau of labor statisticsUs bank asset managementFederal reserveGoldman sachsDow jones industrial averageWall streetAsset managementLabor statisticsGlobal markets conference

Dow Jones closes above 40,000 for first time in history

Dow Jones closes above 40,000 for first time in history
independent.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from independent.co.uk Daily Mail and Mail on Sunday newspapers.

Jamie dimonTom hainlinBureau of labor statisticsGoldman sachsFederal reserveUs bank asset managementEvening headlinesDow jones soars pastHistoric market rallyDow jones industrial averageWall streetAsset managementLabor statisticsGlobal markets conference

Petrol prices spiked 7% in September quarter and there s more pain to come, Australian treasurer suggests | Australian economy

Costs could rise as conflict between Israel and Hamas in the Middle East worsens, Jim Chalmers warns

New south walesJim chalmersMichele bullockCommonwealth bank global markets conferenceAustralian bureau of statisticsMiddle eastReserve bankMelbourne cup dayCommonwealth bankGlobal markets conference

Gold looks to be best hedge as debt-ceiling angst builds, RBC says

Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in markets, RBC says. Read on.

France generalNew yorkUnited statesCity ofUnited kingdomSoni kumariStan druckenmillerJoe bidenKevin mccarthyJamie dimonDaniel hynesChristopher louneyEddie spenceMatthew burgessSybilla grossEric miller

Onex to restructure, says fundraising environment too tough

Onex will restructure to reduce expenses after halting fundraising for a fund, saying it’s too difficult to raise money right now. Read on.

France generalNew yorkUnited statesBobby le blancJamie dimonGalit rodan bloombergGerry schwartzChris govanLe blancJpmorgan chase coPostmedia network incOnex corpBloomberg televisionGluskin sheff associates incRoyal bankRegina leader post

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