 The Dow soared 742 points to close at 40,954 on news that the Fed will most likely cut interest rates in September. NASDAQ and the S&P 500 both gained 36 points. This is Rob Smith with Northwest News Radio. Miss a little, miss a lot. When news breaks, we break in. The Northwest's only all-news station, 97.7 FM and AM 1000, where the news watch never stops.