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The Lead with Jake Tapper

Dow closes at record high as global markets rally

The Lead with Jake Tapper

CNN

News

3.51.7K Ratings

🗓️ 22 March 2024

⏱️ 78 minutes

🧾️ Download transcript

Summary

The court filings are going in to start the process in case Donald Trump cannot meet the requirement for his New York bond. Plus, outrage on Capitol Hill as Republicans are furious over the last minute release of a bill to fund the government through September. Also, CNN is on the ground in Haiti as violent gangs try to take over the few parts of the country they don’t already control.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:28.0

Welcome to the lead, I'm Jake Tapper,

0:32.0

and you hear the bell there for starting with

0:34.0

breaking news and our money lead the Dow closing right now at a record high

0:39.3

39,780 points plus, almost 40,000 for the first time in the Dow's 128 year history.

0:48.2

The market soaring today after the Federal Reserve kept interest rates and seen yesterday and signaled that the U.S. will get three

0:55.0

rate cuts this year.

0:56.8

Let's get straight to CNN business anchor Julia Chatterley and Diane Swank, the chief economist

1:01.0

for KPMG.

1:02.0

Good to see both you.

1:03.0

Julia, how significant is this milestone?

1:06.0

Oh, this is definitely going to be a Dow Wow moment when we get to 40K.

1:10.0

I remember vividly sitting here, if you remember in March of 2020, when we were talking about the down

1:14.8

flirting with 19,000 now we're talking about 40k in the space of four years so

1:20.4

I will be enthusiastic about it but I'll also curb that and say for investors and that's 60% of Americans by the way

...

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