Stocks Close Mostly Higher As S&P, Nasdaq End At New Highs; Investors Weigh Fed Rate-Cut Forecast (Live Coverage)
The Dow Jones index jumped 0.5% and reclaimed its 50-day moving average. The S&P 500 popped 1.2% while the Nasdaq rallied 1.8%, both hitting new highs. The small-cap Russell 2000 flexed its muscles and gained 2.7%, and retook its 50-day line.