**Stocks** **New Records Hit in Stock Market, Optimism Grows for Federal Reserve Rate Cuts**
New York, NY – The stock market closed out the week with new record highs, driven by positive market sentiment in response to signs of easing inflation pressures. The prospect of potential interest rate cuts by the Federal Reserve further fueled optimism among investors, leading to a rally that saw all three major averages reach record levels earlier in the week. Throughout the week, the Nasdaq Composite rose more than 2%, while the S&P 500 …