The main indexes carved out new record highs Thursday as market participants continued to cheer the Federal Reserve's rate-cut outlook. A solid debut for social media stock Reddit (RDDT) helped lift sentiment too.
The Nasdaq Composite (+0.2% at 16,401), S&P 500 (+0.3% at 5,241) and Dow Jones Industrial Average (+0.7% at 39,781) each notched fresh record closes today, building on the momentum sparked by Wednesday's release of the Fed's "dot plot."
