Reported about 9 hours ago
On September 15, 2025, Wall Street achieved new record highs with the S&P 500 rising 0.5% and the Nasdaq composite increasing by 0.9%, spurred by Tesla's 3.6% gain following Elon Musk's substantial stock purchase. The stock market anticipates a potential interest rate cut from the Federal Reserve later in the week, which could invigorate a slowing job market. However, there are concerns about inflation pressures and the risk of a recession impacting corporate profits.
Source: YAHOO