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More stock market records | Power Line

From CNBC,

S&P 500, small-cap Russell close at all-time highs a day after Fed rate cut.

Yes, yesterday the Federal Reserve cut interest rates by 25 basis points (0.25%) and stocks reacted favorably. For the year-to-date, the S&P 500 index is up nearly 13 percent, and the index is up more than 10 percent since Trump’s 2nd inauguration on January 20.

Meanwhile, Rasmussen Reports has Trump’s approval rate at 51-47, his best reading since late June.

 

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