S&P 500 Closes at Fresh Record High as Rate-Cut Hopes Intensify

The S&P 500 hit 6,810 and logged its 33rd record close of 2025 as investors anticipated imminent Fed rate cuts, fueling gains across tech and cyclical stocks.

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S&P 500 Closes at Fresh Record High as Rate-Cut Hopes Intensify

U.S. stocks rose sharply with the S&P 500 advancing 0.8% to 6,810 — marking its 33rd record close of 2025 — as traders priced in Federal Reserve rate cuts expected next week. The Dow Jones added 312 points to 47,185 while the Nasdaq rallied 1.2% led by semiconductor and AI shares. Lower Treasury yields and a weaker dollar lifted broader market sentiment. Analysts expect momentum to extend if earnings remain resilient and the Fed delivers a dovish signal on policy duration heading into November meetings.
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