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The S&P 500 rose 0.4% to touch a new peak, whereas Nasdaq Composite climbed 0.7% to scale a new all-time high.
05 Sep 2025, 07:12 PM IST i 05 Sep 2025, 07:12 PM IST 05 Sep 2025, 07:12 PM IST

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Summary is AI Generated. Newsroom Reviewed
The main Wall Street indices jumped to record highs on Friday as a decelerating labour market has fueled optimism over a likely rate cut by the US Federal Reserve in the near future.
The S&P 500 rose 0.4% to touch a new peak, whereas Nasdaq Composite climbed 0.7% to scale a new all-time high.
(This is a developing story and will be updated shortly).