Investors' Optimism for Lower Rates Lifts Nasdaq to Another Record

Core Viewpoint - The tech-heavy Nasdaq and the broader S&P 500 both experienced weekly gains exceeding 1% in anticipation of the Federal Reserve's decision regarding the benchmark interest rate [1] Group 1 - The Nasdaq index, known for its concentration in technology stocks, showed a positive performance, indicating investor confidence in the tech sector ahead of key monetary policy announcements [1] - The S&P 500, which includes a wider range of industries, also posted gains, reflecting a broader market optimism [1]