Dow scales record high on hopes of Fed rate cuts, trade deals
(Reuters) -The Dow Jones Industrial Average hit an all-time intraday high on Friday, making it the last of the three major U.S. indexes to clinch a record in Wall Street’s rally fueled by the prospect of a looser monetary policy, easing trade tensions and upbeat corporate earnings. The Dow surpassed the previous peak of 45,073.63…