Nasdaq Hits New Record High, US Markets Close Higher
The S&P 500 advanced 0.7% and the Nasdaq 100 reached a new high on Friday. Futures markets indicate a less than 25% probability of a Federal Reserve rate increase in October.
7% at the end of the week. The Nasdaq 100 set a new record high. Bond markets gave back earlier gains, while futures markets showed less than a 25% probability of a Federal Reserve rate increase in October.