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S&P 500, Nasdaq, Dow, Russell 2000 Set for Records: Markets Wrap

News Snapshot:

(Bloomberg) — Wall Street’s bets that Federal Reserve rate cuts will keep powering Corporate America drove stocks toward fresh all-time highs, with traders rushing to the riskier corners of the market. Economically sensitive shares led gains a day after the Fed deployed its first reduction this year and signaled the potential for more. A muted reaction in the immediate aftermath of the decision gave way to a rally that lifted stocks big and small on Thursday. Subscribe to the Stock Movers Podcast on Apple, Spotify and other Podcast Platforms. The S&P 500, the Nasdaq 100, the Dow Jones Industrial Average…

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