Stock market today: S&P 500, Dow back away from records as Fed cheer fizzles
The S&P 500 ( ^GSPC) fell roughly 0.2% after the benchmark index ended at an all-time high. The Dow Jones Industrial Average ( ^DJI) traded slightly lower on the heels of notching its own record close. Leading the way lower, contracts on the tech-heavy Nasdaq Composite ( ^IXIC) dropped 0.3%.
Additional Fed rate cuts will boost confidence in one overlooked area of the market, a Goldman Sachs portfolio manager said.
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On Thursday, the S&P 500 closed above 5,700 for the first time, while the Dow jumped above the 42,000 level. Here's what CNBC ...
Stocks looked set to tick lower on Friday, with S&P 500 and Dow futures pointing to both gauges edging away from the record levels they'd set in the previous trading session.
The S&P 500 ( ^GSPC) climbed roughly 1.5%, while the Dow Jones Industrial Average ( ^IXIC) rose more than 1% with both ...
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