S&P 500, Nasdaq hit new peaks as investors cheer Fed cut
4:15pm: Tech rally lifts S&P 500, Nasdaq to record highs A tech-driven rally pushed the S&P 500 and Nasdaq to record highs, as investors responded to the Federal Reserve’s latest interest rate cut and Donald Trump’s election win. The S&P 500 rose 0.7%, while the Nasdaq surged nearly 1.5%, boosted by gains in Nvidia and Amazon. The Dow Jones Industrial Average held steady after a…
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