US Stock Indexes Reach Record Highs on Payrolls Data =============== #de6ef26b ver:0.28 US stock indexes hit record highs on strong payrolls data, with the S&P 500 and Nasdaq Composite reaching new peaks. Megacap stocks rallied as weak labor market data led to lower Treasury yields. Expectations of interest rate cuts by the Federal Reserve increased. Major banks saw a decline in stock prices ahead of Q2 earnings reports, but Macy's stock surged on a higher bid from Arkhouse Management and Brigade Capital. #StockMarket #RecordHighs #PayrollsData #FederalReserve #EarningsReports... #newstr #UsStockMarket #Nasdaq #S&p500 #PayrollsData #LaborMarket #InterestRateCuts #Banks #Macy's https://here.news/story/de6ef26b?ver=0.28