Reported 17 days ago
On November 7, 2024, the Nasdaq Composite and S&P 500 indices reached record highs as they continued to rally after recent elections, while the Dow Jones Industrial Average remained practically unchanged. The market reacted to the Federal Reserve's announcement of a 25-basis-point interest rate cut earlier in the day, with market analysts monitoring sector performances and the Russell 2000 along with bond market trends.
Source: YAHOO