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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 District of Columbia Attorney General's Office has subpoenaed the Trump inaugural committee for documents related to its finances.The subpoena, dated February 26 and obtained by CNN, says the attorney general, Karl Racine, is investigating "whether the Committee's expenditures of its nonprofit funds were wasteful, mismanaged, and/or improperly provided private benefit, causing the Committee to exceed or abuse its authority or act contrary to its nonprofit purpose."The new probe indicates widening interest among law enforcement officials into Trump's inaugural, which is also being investigated by prosecutors in New York and New Jersey.The documents, due by March 29, cover a wide swath of committee activity. The subpoena asks for inaugural committee financial and governance documents, vendor contracts and communications, as well as money the committee paid to the Trump Organization and the Trump International Hotel in downtown Washington. The hotel was a hot place to stay for revelers attending Trump's inauguration in January 2017, and it remains a central hangout for tourists and Trump associates in the city.The office declined to comment, when reached by CNN. 1194

Tennessee Gov. Bill Lee says he won't grant clemency to a death row inmate scheduled to be executed Thursday. Nick Sutton has an unusual group of supporters. They include current and former prison workers and family members of his victims. The 58-year-old Sutton was sentenced to death in 1986 for killing Carl Estep in prison. Estep’s oldest daughter said Sutton did her family a favor. She describes her father as an “evil man.” Meanwhile, former Correction Lt. Tony Eden calls Sutton the most rehabilitated prisoner he has met in 30 years. He also credits Sutton with saving his life during a prison riot. 620

The attorney representing Steven Avery, the man who was found guilty of killing Teresa Halbach in 2005, has announced a substantial reward for the discovery of Halbach's "real killer," according to a press release. 227

The Army Corp of Engineers is looking at more than 300 facilities nationwide that it could turn into hospitals.New York City’s Javits Convention Center opened as a temporary hospital on Monday. Thousands of beds are now set up to receive patients who are not suffering from COVID-19.The field hospital is staffed with hospital units from Fort Campbell and Fort Hood.Wayne Brackin, the CEO of Kidz Medical Services, has experience with field hospitals and hospital hurricane responses in Florida. He says the Army can set up a field hospital in just weeks. “It will have the feeling of being in a mass unit,” said Brackin. “You'll come into a different kind of facility. They'll be higher levels of security. You're clearly in most cases going to be going into a structure that's been built and will have a lot of components that will look like a very sophisticated version of a tent.”Brackin says an advantage of an existing structure is it's typically climate controlled.The Army is sending field hospitals to Washington state and New Jersey. It says they'll be running by April 2.Navy hospital ships that arrived in New York and outside Los Angeles have started accepting non-COVID-19 patients.A field hospital also opened Tuesday in New York City’s Central Park. It's run by Christian humanitarian aid organization Samaritan's Purse. The group usually brings doctors to extreme medical situations around the world.The Central Park field hospital is designed as a respiratory care unit. They plan to see dozens of coronavirus patients.The organization says it's bringing-in a large disaster response team with doctors and nurses. 1643