Nasdaq, S&P 500 rise as Wall Street sets sights on final Fed rate cut of 2024; Dow steady

Wall Street’s major stock averages were mostly higher Monday, with investors casting an eye toward what’s expected to be 2024’s last interest-rate reduction by the Federal Reserve, and what monetary policymakers may signal lies ahead for 2025.  The Nasdaq Composite (COMP:IND) +0.7% at 20,068, in line to log a new record high after the index last we…