US stock market today on track for weekly gains: Nasdaq, S&P hit fresh records as Dow dips; Fed rate cut seen as done deal
US stock market today remains on track for a winning week as major indexes showed mixed moves Friday. Nasdaq and S&P 500 hit fresh record highs, supported by optimism around AI stocks and expectations of an imminent Federal Reserve rate cut. The Dow Jones Industrial Average slipped slightly, reflecting caution amid weaker consumer sentiment.
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