Good news for those building up their 401(k)s: the Dow Jones Industrial Average and S&P 500 closed at record highs after the ...
U.S. stocks ended higher on Thursday, with the Dow Jones Industrial Average and the S&P 500 both reaching record highs, after the Federal Reserve lowered interest rates by half a percentage point.
The Dow Jones and S&P 500 hit new highs and the Nasdaq topped key levels as growth led the day 2 reaction to Fed rate cuts.