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The Dow hit 27,000 points for the first time ever on Thursday, as stocks climb higher on hopes of an interest rate cut later this month.Federal Reserve Chairman Jerome Powell shored up rate cut hopes with his testimony before the Senate Banking Committee Thursday and House Financial Services Committee Wednesday.The Dow rose to a fresh all-time intraday high before pulling back slightly. It is up 0.4% or 111 points.The S&P 500 is up a modest 0.1%. 466

The NCAA announced on Wednesday that the upcoming men's and women's basketball tournaments will be played without spectators.Earlier on Wednesday, the NCAA's panel on the coronavirus recommended that all athletic competitions be played without spectators due to coronavirus fears. NCAA President Mark Emmert issued the following statement: "The NCAA continues to assess the impact of COVID-19 in consultation with public health officials and our 458

The Dow Jones Industrial Average has been on a wild ride in recent weeks, with record drops and record gains becoming the norm. On Tuesday, the market had another record day. On Tuesday, the index gained more than 2,000 points for the first time in the history of the index, climbing back above 20,000 points to finish the day at 20,685. Overall, the Dow has lost about 8,000 points in the last six weeks. A number of companies that have seen massive losses in the last six weeks regained some ground on Tuesday, including Disney, Boeing, America Express and Visa. It was a better day for oil, which has been hard hit in recent weeks. Chevron shares jumped 18% on Tuesday. 685

The Kansas City Chiefs have earned a spot in Super Bowl 54 in two weeks, defeating the Tennessee Titans 35-24 on Sunday. The Chiefs are making their first Super Bowl appearance in over 50 years. The Chiefs last played for a Super Bowl following the 1969 season, defeating Minnesota.By defeating the Titans, the Chiefs earn this season's AFC title. Quarterback Patrick Mahomes, the third-year quarterback from Texas Tech, completed 23 of 35 passes with three touchdowns. He also carried the ball seven times for 54 yards and a touchdown. Andy Reid, who is No. 7 on the all-time wins list, will coach in his second Super Bowl, and his first since winning the Super Bowl 15 years ago.Kansas City will play the winner of the NFC title game being played between Green Bay and San Francisco Sunday evening. The Chiefs rallied after trailing by scores of 10-0 and 17-7 in the first half. The Chiefs closed out the first half with back to back touchdowns to take a 21-17 lead at halftime. After a scoreless third quarter, the Chiefs once again scored back to back touchdowns in the fourth quarter to put the game out of reach with a 35-17 lead. Tennessee scored with a touchdown with 4:18 left, but the touchdown came too late for the Titans to mount a comeback. 1267

TARRANT COUNTY, Texas – A 7-year-old Texas boy temporarily living in a domestic violence shelter with his mom wrote a letter to Santa, the shelter shared, with a heartfelt plea for presents and something money can't buy.The boy asked Santa for chapter books, a dictionary, a compass and a watch -- but perhaps the biggest ask from the man in red was for a "very very very good dad."His mom found a handwritten letter in his backpack a few weeks ago and she shared it with SafeHaven of Tarrant County staff, a shelter for domestic violence victims in Fort Worth, Texas, its president and CEO Kathryn Jacob told CNN.SafeHaven shared the 647