"S&P 500 Hits Fresh Record Ahead of Fed Decision"

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Source: Yahoo Finance
"S&P 500 Hits Fresh Record Ahead of Fed Decision"
Photo: Yahoo Finance
TL;DR Summary

The S&P 500 hit a fresh record high as investors awaited the Federal Reserve's policy decision, with the Dow Jones and Nasdaq also posting gains. Microsoft hired DeepMind co-founder Mustafa Suleyman to lead a new AI organization, while the effort to ban TikTok faces potential challenges in the Senate. Investors see the possibility of a "no landing" scenario for the economy, and stocks like Nordstrom and Unilever trended during trading. Japan ended its era of negative interest rates, and a major realtor lawsuit settlement could impact homebuyers. Additionally, Nvidia's stock remained steady after its GTC conference, and institutional investors are uncertain about the AI stock bubble.

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