Dow Notches Record Close After Fed’s Latest Rate Pause, and Pfizer Touches More Than 10-Year Low 12/13/23

The Dow rose above 37,000 for the first time on record after Jerome Powell’s latest press conference seemed to reassure investors that a soft landing is still in the cards. But can the momentum be sustained? Plus Pfizer sinks after a big warning for 2024 and Etsy joins the group of companies announcing year-end layoffs. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.