Wall Street slips from all-time high as cuts to rates look further off
On Monday, stocks experienced a decline following indications of continued economic strength, potentially postponing the interest rate cuts desired by Wall Street. The S&P 500 retreated by 15.80 points, equivalent to 0.3%, from its record high achieved on Friday, settling at 4,942.81. The Dow Jones Industrial Average also dipped by 274.30 points, or 0.7%, closing at 38,380.12, while the Nasdaq composite saw a marginal decrease … Continue reading Wall Street slips from all-time high as cuts to rates look further off
