Stock Market Today: Dow Rockets 400 Points; S&P, Nasdaq Extend Rally On Rate Hopes To New Highs; Crypto Stock Catapults

The Dow Jones Industrial Average finished Wednesday’s trade as the strongest performer among its rival large-cap indexes, but the S&P 500 and the Nasdaq composite rose by enough to stretch a rally sparked by mixed inflation data that boosted rate-cut expectations. Small caps also extended their gains. However, some growth stocks lost their luster on the stock market today. The…

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