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Dow Jones Pushes Past 27,000 for New Record High

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Dow Jones Pushes Past 27,000 for New Record High

Dow Jones Pushes Past 27,000 for New Record High

Dow Jones Pushes Past 27,000 for New Record High The mark is based on 30 major stocks that make the Dow Jones Industrial Average.

It adds to the ongoing Bull Market, whose stretch is now over 10 years The boost came following news that the White House had ditched a previous drug rebate plan.

The market has also been rising since Federal Reserve Chief Jerome Powell hinted that a rate cut was coming.

In a recent testimony, he confirmed that business investments have dropped.

KKM Financial CEO Jeff Kilburg, via CNBC Company CME Group says markets are completely expecting a cut sometime later in July.

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