S&P 500, Nasdaq open at record highs as rate-cut bets offset shutdown fears – News Air Insight

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The benchmark S&P 500 and tech-heavy Nasdaq indexes opened at record highs on Thursday, on the back of renewed expectations for interest rate cuts, while traders brace for a data-light end to the week with few fresh catalysts.

The Dow Jones Industrial Average rose 20.0 points, or 0.04%, at the open to 46,461.11. The S&P 500 rose 20.1 points, or 0.30%, at the open to 6,731.31, while the Nasdaq Composite rose 130.7 points, or 0.57%, to 22,885.905 at the opening bell.



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