Dow and S&P 500 Hit Record Highs Amid Rate Cut Speculation
TL;DR
Dow futures remained flat after the index posted its best day since June 2023, with the S&P 500 and Nasdaq 100 futures slightly down. Notable after-hours movements included Five Below dropping 10% and J.B. Hunt falling over 2%. The Dow surged over 700 points on Tuesday, driven by optimism around interest rate cuts and a shift from megacap tech to small-cap stocks, with the Russell 2000 gaining 3.5%. Upcoming earnings reports include United Airlines and Johnson & Johnson, while economic data releases are also anticipated.
Topics:businessfinance#dow-jones#earnings-reports#federal-reserve#finance#small-cap-stocks#stock-market
- Dow futures are little changed after index posts best day since June 2023: Live updates CNBC
- Stock market news today: S&P 500, Dow surge to record highs as blue chip index gains over 700 points Yahoo Finance
- US Market: Dow Jones gains over 740 points, Russell 2000 small-cap index rise on rate cut bets Mint
- Dow and S&P 500 close at record highs as investors bet on September rate cut CNN
- Dow notches record closing high, small caps surge on rate cut bets Reuters
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