S&P 500, Nasdaq at All-Time Highs as Rate Cuts Become Real

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S&P 500, Nasdaq at All-Time Highs as Rate Cuts Become Real


The S&P 500 and Nasdaq hit




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04.07.2024 07:12 AM






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The S&P 500 and Nasdaq hit new records on Wednesday amid data signaling a slowdown in economic growth, raising speculation that the Federal Reserve could cut interest rates in September.
The Dow Jones Industrial Average ended the day marginally lower, weighed down by selling in health care and consumer staples during the shortened trading session ahead of the Fourth of July holiday. The market will be closed Thursday for Independence Day, limiting trading volume this week.
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