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The Independent UK

National

Elaine Kurtenbach

Stock market today: World markets churn higher after the Dow logs another close

Dow United States Asia Dow Jones Industrial Average Economy the Federal Reserve US Federal Reserve

Copyright 2023 The Associated Press. All rights reserved.

World markets powered higher on Friday after the Dow Jones Industrial Average climbed to another record close on excitement that the Federal Reserve might cut interest rates several times next year.

Germany's DAX advanced 0.6% to 16,849.10 and the CAC 40 in Paris was up 0.4% at 7,604.01. Britain's FTSE 100 edged less than 0.1% higher, to 7,650.99.

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