Market Report - US Close

US close: S&P 500 hits new high on Fed rate-cut hopes

By Benjamin Chiou

Date: Thursday 04 Sep 2025

(Sharecast News) - US stocks pushed higher on Thursday, rallying in afternoon trade to send the S&P 500 to a new high, after a raft of weak economic data raised hopes for an imminent rate cut by the Federal Reserve.
A much worse-than-expected jobs number from ADP, higher jobless claims and...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page