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Dow Scales Record High on Hopes of Fed Rate Cuts
Financial Express Hyderabad
|August 16, 2025
THE DOW JONES Industrial Average hit an all-time intraday high on Friday, making it the last of the three major US indexes to clinch a record in Wall Street's rally fueled by the prospect of a looser monetary policy, easing trade tensions and upbeat corporate earnings.
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The Dow briefly surpassed the previous peak of 45,073.63 touched on December 4, helped by a 9.5% jump in UnitedHealth Group shares after Warren Buffett's Berkshire Hathaway revealed
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