US stock market today on track for winning week: Nasdaq, S&P touched fresh records while Dow dips; Fed rate cut seen as done deal
US stock market today showed mixed moves but remains on track for a strong weekly gain. Nasdaq and S&P 500 reached fresh record highs, while the Dow Jones slipped slightly as weaker consumer sentiment data raised caution among investors. Markets are now pricing in the Feds quarter-point cut as a near certainty, keeping Wall Street poised for another positive week.
