Markets Rally on Rate Cut Hopes, Supreme Court Weighs Trump Policies, and Tech Giants Post Strong Cloud Growth

Key TakeawaysThe S&P 500 (SPX) hit fresh record highs, alongside the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC), as investors anticipate a Federal Reserve rate cut next week, despite Apple (AAPL) shares sliding after its iPhone 17 launch.The Supreme Court has taken up two significant cases involving the Trump administration, fast-tracking an appeal in a tariffs case and temporarily allowing the withholding of $4 billion in foreign aid approved by Congress.Oracle (ORCL) reported strong Q1 ...