Stock market today: Dow, S&P 500, Nasdaq hit records as rate-cut relief, Nvidia's Intel bet lift markets
US stocks notched fresh records on Thursday after the Federal Reserve returned to easing interest rates and signaled further cuts are coming. The Nasdaq Composite (^IXIC) led the gains as Nvidia's (NVDA) $5 billion bet on Intel (INTC) boosted spirits. The Nasdaq jumped about 0.9%, while the S&P 500 (^GSPC) added 0.5%. The Dow Jones Industrial Average (^DJI), which includes fewer tech stocks, moved up 0.3%. All three major averages clinched record closes. The small-cap index Russell 2000 (^RUT) also climb ...