The Dow Jones Industrial Average hit a fresh high buoyed by expectations of rate cuts this week. The Fed is expected to deliver the first interest rate cut since 2020 in its meeting, scheduled to start today. Markets are pricing in a 50% chance of a 50-bps rate cut and 50% odds of a 25-bps rate cut, according to CME Group's FedWatch tool (read: 5 ETF Zones Set to Benefit When Fed Initiates Rate Cuts). SPDR Dow Jones Industrial Average ETF (DIA) , which tracks the Dow Jones Index, has gained 10.4% this year. ...