The Dow Jones Industrial Average (DJI) has hit an intraday all-time high at more than 45,690 points. The record was previously reached on Tuesday with an intraday high of 45,207.39 points, before the index retreated to close flat.

Fed Chair Jerome Powell seems ready to cut interest rates in the fall but will still rely on incoming economic data about inflation and employment.

An early rally faded on Friday and the Dow just missed out on closing at its first record high of the year. US stocks were mixed on Friday. The Dow closed higher by 35 points, or 0.08%. Meanwhile, the S&P 500 fell 0.

Dow is a longtime dividend player, and it's refusing to give up on its payout entirely. Read on to find out the share count required to clock $1,000 worth of those lowered dividends yearly. To cut directly to the chase, the answer is 715 shares. At the stock's currently reduced price, that would mean a total spend of just under $16,824.