FIRST AIRED: July 3, 2019

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00:00:00
fireworks came a day early on Wall Street as stocks jumped to new highs all three major U. S. stock indices the Dow S. and P. five hundred and nasdaq closed at their highest levels ever Wednesday at the end of a holiday shortened session it was the first record close for the closely watched Dow Jones industrial average since October investors were in a buying mood is weak data out of the U. S. fueled hopes of coming rate cuts by the federal reserve adds looser monetary policy by other central banks in anticipation of that bond yields in the U. S. ten year note fell to their lowest since November two thousand sixteen a further boosted sentiment optimism the US and China will be able to hammer out a trade deal to end the squabble between the world's two biggest economies that has hurt economic growth around the world , we have slightly open but %HESITATION general merchandise applications for export licenses not mention security , purchasing , some of the winners of Wednesday stock market action consumer driven stocks like Procter and gamble McDonald's and Kellogg shares of the food company enjoyed their biggest one day search in a decade amid media chatter Kellogg is well positioned to make inroads into the growing demand for plant based meat alternatives with the market as a whole has some key hurdles to cross in coming weeks starting with the jobs report when investors return on Friday a private survey released the head of the July fourth holiday came in weaker than expected that follows a disappointing government report on hiring last month