Dow Jones Struggles to Recover Amid Mixed Economic Data and Rate Cut Expectations
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#22f10e38 ver:0.86

The Dow Jones struggles to recover amid mixed economic data and rate cut expectations. Consumer sentiment declines, reflecting growing fears about the US economy. Rate traders still anticipate a rate cut in September. Better-than-expected PMI figures for June fail to push the Fed towards rate cuts. Individual stocks show mixed performance. The Dow Jones closes above 40,000, a 25% increase since President Biden took office. Inflation falls to 3%, but high mortgage rates contribute to concerns about the economy. Unemployment remains at 4.1%. Overall, the author praises President Biden's handling of the economy. #DowJones #economy #ratecut #inflation #PMI...

#newstr #DowJonesIndustrialAverage #MarketRecovery #UniversityOfMichiganConsumerSentimentIndex #ConsumerInflationExpectations #UsPmis #FederalReserve #RateCuts #Economy #Inflation #MortgageRates 

 https://here.news/story/22f10e38?ver=0.86