Dow Plunges but History Awaits ‘Spectacular’ 20% Stock Pump

By: Ben Brown

The Dow Jones Industrial Average (DJIA) suffered a painful stock market open on Thursday, triggered by a Bloomberg report that poured cold water on hopes for a full trade deal between Trump and China.

However, the long-term horizon could still be a boon for stocks if history repeats itself. With the Federal Reserve slashing the benchmark interest rate for a third-straight time on Wednesday, LPL Financial crunched the numbers to see how the stock market reacted after previous triple cuts.

The simple answer is: “spectacular.”.

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