Dow Booms on Fed Bailout, But Trump’s Ruthless Threats Spoil the Party

2019-6-5 17:10

By CCN: The Dow bounced by triple digits for the second consecutive day on Wednesday, as the stock market looked to assemble a June winning streak to reverse the fallout from a brutal May. However, as investors pine for a Federal Reserve “bailout,” Donald Trump’s latest international threats and scattershot economic strategy could once again spoil Wall Street’s party.

Dow Booms for Second Straight Day All three major stock market indices jumped on Wednesday. As of 10:27 am ET, the Dow Jones Industrial Average had climbed 121. 2 points or 0. 48% to 25,453. 38. The S&P 500 added 6. 07 points or 0. 22%

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