Housing stocks see a boost after FOMC meeting, driving Dow Jones Industrial Average towards record high. S&P and Nasdaq slip as Dow rises 1.02% in late morning trading. If increase holds, it will mark index’s 18th record of 2025.

Home Depot leads the charge, with stock up 3.02% and on track for highest close since Nov. 14. The 10-year Treasury yield drop further supports the index’s climb towards a new record.

Read more at Dow Jones & Company: Housing Optimism Helps the Dow