Stock market today: Dow surges 742 points and small caps rally as investors bet big on Fed rate cuts
The Dow Jones climbed over 700 points on Tuesday.
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- The Dow Jones climbed over 700 basis points on Tuesday.
- Small-caps saw a steeper increase as rate-cut bets helped drive a rotation into other parts of the market.
- Retail sales also encouraged investors, diminishing fears of a consumer spending pullback.
US equities soared on Tuesday as the bull market swept into broader corners of the market.
While the Dow Jones jumped 1.8% to a new record high...
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