U.S. equities extended gains to fresh record highs on Tuesday, with the S&P 500 and Nasdaq climbing modestly amid growing expectations for a Fed rate cut next week.
Every weekday afternoon, get a snapshot of global markets, along with key company, economic, and world news of the day.
Uneven gains The three major U.S. large-cap stock indexes posted weekly gains and the NASDAQ and the S&P 500 both outperformed the Dow by wide margins, repeating a pattern from the previous week. In terms of market capitalization, a small-cap benchmark significantly outpaced its large-cap peers.
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