Nasdaq hits record as investors await Fed rate decision

By Chuck Mikolajczak NEW YORK (Reuters) -The Nasdaq hit a record high on Monday and the S&P 500 also rose as investors assessed the latest economic data while awaiting the Federal Reserve’s final policy announcement of the year later in the week to gauge the path of interest rates. Markets have almost completely priced in a rate cut at the conclusion of the Fed’s two-day policy meeting on