Dow, S&P 500 and Nasdaq Composite all hit new highs as favourable data allows potential rate cuts to get ever closer – September 2024 looks likely

All three major indices closed at records on 15th May 2024

The Dow climbed 0.88%, while the S&P 500 gained 1.17%, ending the session above 5,300 for the first time. The tech-related Nasdaq Composite closed higher by 1.40%.

Dow closed at a new high of: 39908

S&P 500 closed at a new high of: 5308

Nasdaq Composite closed at a new high of: 39908