US stocks rose solidly Wednesday on optimism that the Federal Reserve will cut interest rates soon, boosting economic growth. The Dow was up 71.83 at 7969.03, the Nasdaq had gained 14.96 to 1712.76, and the Wired Index was up 11.16 at 386.13. Asia: The Nikkei jumped 192.51 to 13789.81, and the Hang Seng rose 130.88 to 7504.39. Europe: The FTSE gained 68.80 to 5172.10, the DAX advanced 124.24 to 4699.39, and the CAC 40 rose 66.52 to 3414.50.
Market Watch
US stocks rose solidly Wednesday on optimism that the Federal Reserve will cut interest rates soon, boosting economic growth. The Dow was up 71.83 at 7969.03, the Nasdaq had gained 14.96 to 1712.76, and the Wired Index was up 11.16 at 386.13. Asia: The Nikkei jumped 192.51 to 13789.81, and the Hang Seng rose 130.88 to 7504.39. Europe: The FTSE gained 68.80 to 5172.10, the DAX advanced 124.24 to 4699.39, and the CAC 40 rose 66.52 to 3414.50.
