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Industrials 'well-supported' as Dow hits intraday record, says CIO
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Industrials 'well-supported' as Dow hits intraday record, says CIO

  • August 15, 2025
  • Roubens Andy King
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STORY: “We're really in the beginning stages of a pretty grand experiment, right? We're at full employment, we have stock markets at all time highs, and we're about to jam our foot on the gas with fiscal stimulus, deregulation and we're about to start cutting interest rates,” said Hegener. “That's never happened in history.”The Dow Jones Industrial Average which includes several large industrial and financial names briefly hit a record high on Friday, as UnitedHealth's shares jumped after Berkshire Hathaway raised its stake in the health insurer, while investors assessed mixed data to determine the Federal Reserve's next monetary policy move.

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