S&P 500, Nasdaq Rally To More Record Highs; Palantir, Spotify Hit Early Buy Points
Group 1 - Major stock indexes, including the Dow Jones Industrial Average, S&P 500, and Nasdaq composite, reached record highs, driven by the Federal Reserve's first interest-rate cut of the year and expectations for further cuts in October and December [1][2] - The Dow finished the day up 0.3%, equivalent to a gain of 124 points, indicating positive market sentiment [1] - Notable companies such as Palantir and Spotify are highlighted as leading stocks in the current market environment, with Palantir's software purchases potentially increasing due to external factors [4]