Stock Market Today: All Three Indexes Close at Record Highs Amid Rate-Cut Optimism
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All three major U.S. stock indexes closed at record highs on Tuesday, driven by optimism over a potential Federal Reserve rate cut. The S&P 500 rose 0.27% to 6,512.61, the Nasdaq Composite gained 0.37% to 21,879.49, and the Dow Jones Industrial Average climbed 0.43% to 45,711.34. Despite revised payroll data indicating weaker job growth, expectations for easing monetary policy supported the market rally. Notably, UnitedHealth Group led healthcare stocks, while Nebius Group surged nearly 50% following an AI partnership with Microsoft. Investors await upcoming inflation reports for further insights.
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