Stocks Supported as Easing Price Pressures Reinforce Fed Rate Cut Hopes

The S&P 500 Index ($SPX) (SPY) on Wednesday closed up +0.30%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.48%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.04%.  September E-mini S&P futures (ESU25) rose +0.28%, and September E-mini Nasdaq futures (NQU25) rose +0.02%. Stock indexes settled mixed on Wednesday, with the S&P 500 posting a new record high and the Nasdaq 100 posting a 4-week high.  The broader market garnered support on Wednesday as bond yields fell after US producer pric ...