As Markets Hit All-Time Highs, Biden Touts ‘Confidence’ in US Economy
President Joe Biden champions stock market’s all-time highs. The Dow Jones Industrial Average rose to a record 40,000 on Thursday, fueled by investor hopes that softer inflation data would prompt the Federal Reserve to cut interest rates. Unlocking this milestone signaled “confidence” in the U.S. economy, according to President Joe Biden. The benchmark stock market