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Stocks rally further on rate-cut hopes

Authors :
Bary, Andrew
Source :
Barron's. Sept 28, 1998, Vol. 78 Issue 39, pMW3, 3 p.
Publication Year :
1998

Abstract

Anticipation of an interest rate reduction sent the Dow Jones Industrial Average up 133 points for the week ending Sep 25, 1998, marking the third straight week the average has advanced. Comments by Chmn Alan Greenspan of the Federal Reserve Board indicate that a rate cut is being considered.

Subjects

Subjects :
Interest rates -- Forecasts and trends
Stocks -- Prices and rates
Banking, finance and accounting industries
Business

Details

ISSN :
10778039
Volume :
78
Issue :
39
Database :
Gale General OneFile
Journal :
Barron's
Publication Type :
Periodical
Accession number :
edsgcl.21175746

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