S&P 500 rises to record higher as market shakes off October malaise 10/9/24

Markets are higher for a 2nd-straight day, with the S&P 500 jumping to a new record. Tech stocks are powering higher, and investors are shaking off geopolitical concerns. Stocks maintained gains after minutes from the Fed’s September meeting, where it cut by a half percentage point, revealed that a “substantial majority of participants” favored cutting rates by the larger size. We’ll tell you all that you need to know.