Dow Climbs More Than 400 Points, Nearing All-Time Highs
1. U.S. stocks rose as investors eyed potential Fed rate cuts. 2. S&P 500 sectors saw broad gains; bank and tech stocks led. 3. Market index reached its 16th record high of the year. 4. Inflation data raising hopes for a September interest rate cut. 5. Traders now see a 94% chance for Fed rate cuts soon.