Novice Investor’s Digest For Friday, September 19

Stocks indexes recently hit new record highs after interest-rate reduction and big announcement from Nvidia.gettyStock prices rose after Wednesday’s close to hit new record highs. Contributing factors included the Fed’s quarter-point rate reduction and Nvidia’s announced investment in Intel. The large-cap S&P 500 index rose 0.5% while the technology-focused Nasdaq Composite rose 0.9%. The Dow Jones Industrial Average, focused on blue-chip stocks, rose 0.3%. The Fed also projected two additional rate cuts th ...