Stock Market Today: Dow Leads Losses
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The Dow Jones Industrial Average (DJI) has hit an intraday all-time high at more than 45,690 points. The record was previously reached on Tuesday with an intraday high of 45,207.39 points, before the index retreated to close flat.
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Investor's Business Daily on MSNStock Market Today: Dow Jones Surges To All-Time High On Rate Cut Hopes; Nvidia, Palantir Jump (Live Coverage)
The Dow Jones soared to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.
If the S&P 500 breaks below 6,200, that's a sign the stock market may be headed for a more serious decline, Bank of America said.
An early rally faded on Friday and the Dow just missed out on closing at its first record high of the year. US stocks were mixed on Friday. The Dow closed higher by 35 points, or 0.08%. Meanwhile, the S&P 500 fell 0.
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