Stock Market Today: Dow and indexes rise as Fed rate cut looms
The S&P 500 index could close at a new record high Tuesday. The last time the S&P 500 closed at a record high was July 16, when it ended the day at 5,667.20. However, the S&P traded at lower levels in the two months that followed that close.
The S&P 500 opened today at 5,655.51. Within 30 minutes of trading, the benchmark index fell by 6.06 points, or 0.11%.
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Indexes rose Thursday as investors took in new inflation data, with the producer price index rising 0.2% on a monthly basis.
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