From Nasdaq:

Wall Street’s major stock indexes hit record highs, boosted by the Federal Reserve’s promise of rate cuts and Micron Technology’s positive forecast. The Dow Jones rose 0.94%, the S&P 500 gained 0.95%, and the Nasdaq increased by 0.80%. Chip stocks saw a surge in value following Micron Technology’s optimistic outlook.



Read more at Nasdaq: Wall Street hits record closing highs on rate-cut optimism; chip sector rallies