
S&P 500, Nasdaq reach record highs amid Fed cut, election rally
While the Dow Jones Industrial Average (^DJI) ended Thursday practically flat, the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) extended their post-election run. Stocks are still digesting the Federal Reserve’s 25-basis-point cut to interest rates that was announced earlier today. Yahoo Finance’s Julie Hyman and Jared Blikre monitor shifts in the Russell 2000 (^RUT) and…