All major U.S. stock indices, including the S&P 500 and Nasdaq 100, soared to new heights on Thursday. Investors flocked to riskier assets, driven by expectations of imminent interest rate cuts. Despite concerning economic indicators like rising inflation and increased jobless claims, market participants anticipate the Federal Reserve will focus on stabilizing the labor market.
The S&P 500 gained 0.85% to close at 6,587.47, the Nasdaq advanced 0.72% to 22,043.07, and the Dow Jones Industrial Average surged 1.36% to 46,108.
These are the top stocks that gained the attention of retail traders and investors through the day:
