The Dow, S&P 500, and Nasdaq all rallied for the 3rd consecutive day as hopes for a Fed rate cut grow. Apple and Alphabet both hit record highs, boosting the tech sector. The Dow Jones Industrial Average rose 221.79 points to 24,928.68, the S&P 500 gained 29.85 points to 2,798.29, and the Nasdaq Composite added 87.47 points to 7,823.17. Investors are optimistic about a potential interest rate cut by the Federal Reserve to counter economic slowdown concerns. Apple and Alphabet’s strong performance contributed to the overall market gains.

Read more at N/A: Stock market today: Dow, S&P 500, Nasdaq rally for 3rd day as Fed rate cut hopes grow, Apple and Alphabet notch records – Yahoo Finance