Nasdaq and S&P 500 Reach Record Highs on Hopes of Rate Cut =============== #d044f1de ver:0.72 The Nasdaq and S&P 500 hit record highs as hopes for a rate cut by the Federal Reserve fueled optimism in the market. Positive payrolls data raised expectations of a rate cut, with the Dow Jones also closing higher. Tech and consumer discretionary stocks performed well, but concerns about potential risks and bubbles in certain sectors persist. Bitcoin entered a bear market, while Goldman Sachs highlighted potential stock risks in the second half of 2024. #StockMarket #RateCut #TechStocks #Bitcoin #Investing... #newstr #StockMarket #RateCut #Nasdaq #S&p500 #PayrollsData https://here.news/story/d044f1de?ver=0.72