S&P 500 Briefly Hits Record High Just Ahead Of Fed Rate Cut, Extends 7-Day Winning Streak: Tuesday's Top 5 Gainers

The S&P 500, tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY), hit fresh record highs during Tuesday morning trading and closed up 0.04%, marking its seventh consecutive day of gains, just ahead of the Federal Reserve’s highly anticipated interest rate decision.

$SPY hit all-time highs today pic.twitter.com/MxtEgTXErl

— Benzinga (@Benzinga) September 17, 2024

The performance of the index tracking the largest 500 U.S. companies by market capitalization was in line with other major indices. The Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), which tracks the tech-heavy Nasdaq, ...