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Weekly Market Recap: Fed Resumes Rate Cuts as U.S. Stocks Hit Historic Quad-Fecta of Records Thumbnail

Weekly Market Recap: Fed Resumes Rate Cuts as U.S. Stocks Hit Historic Quad-Fecta of Records

The Federal Reserve resumed its rate-cutting cycle with a 25 basis point cut, igniting fresh record highs for the S&P 500, Nasdaq, Dow, and Russell 2000. While Treasuries slipped and commodities traded mixed, gold and the U.S. dollar advanced. Global markets saw a split week as European and Asian equities diverged on central bank moves and trade headlines.

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