S&P 500, Nasdaq hit record highs on renewed AI enthusiasm, rate-cut hope
Friday, the composite S&P 500 and Nasdaq reached heights of all time while the actions of Megacap increased on the renewed enthusiasm of AI and the prospect of a more loose monetary policy, fueling a resumption of American actions from a rout of several months. The .SPX reference index increased by 0.2% to 6,154.81 points,…