S&P 500 and Nasdaq hit record highs ahead of Fed rate decision
NEW YORK: Wall Street stocks advanced on Monday with the S&P 500 and Nasdaq Composite reaching new all-time highs amid growing anticipation of a Federal Reserve interest rate cut. Investor optimism was further bolstered by positive developments from US-China economic discussions held in Madrid. The Dow Jones Industrial Average rose 0.1% to close at 45,883.45, while the broad-based S&P 500 Index gained 0.5% to finish at 6,615.28. The technology-focused Nasdaq Composite Index surged 0.9% to end the trading se ...