From Investing.com:

The S&P 500 closed at record highs as stocks rally post-Fed signaling three rate cuts. Dow rose 269 points, Nasdaq climbed 0.20%. Goldman Sachs economists predict rate cuts in June, September, December. Labor data shows unexpected drops in unemployment benefits and strong Philly Fed reading, plus retail sales growth in March.

Apple stock falls over 4% as DoJ and 16 states file antitrust lawsuit. Micron Technology soars 14% on strong revenue forecast, Astera Labs continues to climb. NVIDIA and Intel also see gains.

Darden Restaurants slips over 6% due to missed revenue expectations, Five Below drops over 15% on lackluster quarterly results. Reddit surges 47% on stock market debut, aiming to leverage AI data for revenue.



Read more at Investing.com: S&P 500 notches record close as stocks continue record run By Investing.com