Dow jumps 742 points, small caps celebrate USA trade

Investors stepped up pumping money into companies that are considered solid barometers of the U.S. economy as investors eye the 2024 election and a looming rate cut by the Federal Reserve. 

The Dow Jones Industrial Average soared 742 points or 1.85% registering its best day of the year and the 21st record close of 2024, as tracked by Dow Jones Market Data Group. 

Powering the rally; United Health, Caterpillar, Boeing and Home Depot, while Merck, Microsoft and Intel dipped. 

The...