Reported 12 months ago
Wall Street continues its record-breaking rally as poor U.S. economy reports hint at potential interest rate cuts, with the S&P 500 hitting an all-time high for the 33rd time this year. The Dow falls slightly while the Nasdaq climbs to a new record. Tesla's positive sales report boosts the market, along with Nvidia's impressive AI technology advancements. Weaker-than-expected reports on the job market and U.S. services companies could prompt the Federal Reserve to lower interest rates later in the year. Overseas, European and Asian markets also experience gains.
Source: YAHOO