Dow Jones jumps 646 points to new all-time high
NEW YORK, New York - U.S. technology stocks took a back seat Thursday, while the broader market rallied on the back of the Federal Reserve's quarter point interest rate cut a day earlier.
A disappointing earnings report from Oracle set the trend for the tech sector, while the Dow Jones led industrials stocks higher. The Dow itself posted a new record high on Thursday, its 18th for the year. The Standard an