Reported 21 days ago
The S&P 500 reached a new intraday high and is poised for its first record close since July, spurred by increasing investor optimism about potential interest rate cuts by the Federal Reserve. After a troubling selloff earlier in the summer, the index showed a 0.64% rise, positioning it to surpass its previous high of 5,667.2 points set on July 16.
Source: YAHOO