The Dow plodded toward a moderate gain on Thursday after the index emerged unscathed from another batch of third-quarter corporate earnings reports. The stable earnings helped fortify the Dow against more dismal manufacturing data, which could spur more Federal Reserve interest rate cuts but may also presage an economic slowdown or even a full-blown recession. […]
The post Dow Rises Defiantly as Dismal Manufacturing Data Threaten Economy appeared first on CCN.com
source https://www.ccn.com/dow-jones-analysis-oct-24-2019/
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