US Stocks Reach New Highs Amid Fed Comments and Inflation Outlook

Reported 15 days ago

U.S. stocks climbed on Monday, with both the Dow Jones Industrial Average and S&P 500 achieving record closings, extending a rally sparked by last week’s Federal Reserve interest rate cut. Investors are focusing on remarks from Fed officials and upcoming inflation data for insights into future rate adjustments. Sector gains were particularly noted in Energy, Consumer Discretionary, and Real Estate. Notable stock movements included rises for Tesla and Intel amid positive forecasts and potential investments.

Source: YAHOO

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