Stock Market Hits Record High On Fed Chief Powell; Cisco Buys Acacia, Delta Earnings Top, Cigna Flies On Rebate Rule Reversal – Investor’s Business Daily

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Stock Market Hits Record High On Fed Chief Powell; Cisco Buys Acacia, Delta Earnings Top, Cigna Flies On Rebate Rule Reversal  Investor’s Business Daily

The stock market hit highs as Fed chief Powell signaled a Fed rate cut. Cisco will buy Acacia. Delta earnings beat. Cigna rose on a drug rebate rule switch.