"Fed Buzz Propels Stocks to New Highs in Today's Market"

Stocks on Wall Street rose to new highs as investors celebrated the Federal Reserve's signals of delayed but not slowed rate cuts, with the S&P 500 surpassing 5,250 and the Dow Jones inching closer to 40,000. The Swiss National Bank's surprise interest rate cut also boosted confidence in leading economies. Reddit's highly anticipated IPO priced at $34 per share, valuing the company at $6.4 billion, while Apple's shares sank following an expected antitrust lawsuit from the Department of Justice.