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U.S. Stocks Extend Gains After Fed Hints of Interest-Rate Cut

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The S&P 500 is on track for a record-high close and bond yields are around multiyear lows after the Fed hinted at a rate cut

• S&P 500 Tops April 30 Closing High in Intraday Trading • Index Recently Up 0.7% to 2947.14 • Index Would Need to Close at or Above 2945.

83 to Top April Closing RecordU.S. stocks rallied Thursday, with the S&P 500 hitting a new intraday record, after the U.S. Federal Reserve suggested it would cut interest rates...

 

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