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Stocks Rise After Fed Statement On Borrowing Costs

Video Credit: Wochit
Published on June 19, 2019 - Duration: 00:32s

Stocks Rise After Fed Statement On Borrowing Costs

According to Reuters, the markets on Wall Street rose for a third day after the Federal Reserve signaled cuts to borrowing costs.

By the late afternoon on June 19th, the top three markets on the New York Stock Exchange were up over three-tenths of a percent each.

After treading water in the morning, the Nasdaq Composite led gains, rising four-tenths of a percent.

The S&P 500 also added four-tenths of a percent, while the Dow Jones Industrial Average gained three-tenths of a percent.

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