Stock market today: Dow, S&P 500 close at record highs, Nasdaq surges amid rate cut euphoria
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https://finance.yahoo.com/news/live/stock-market-today-dow-sp-500-close-at-record-highs-nasdaq-surges-amid-rate-cut-euphoria-200045001.html
US Stocks, including Dow Jones Industrial Average and S&P 500, reached record highs following optimism from Federal Reserve's rate cut. Tech stocks surged, while Gold approached record levels. Housing stocks rose, mortgage rates fell, and Bitcoin surged. Analysts predict continued market success into 2024, with a positive outlook on the housing market. Bank of America raised homebuilder stock orders, accentuating confidence for higher returns. Investors remain hopeful for a “soft landing” to avoid recession risks.