Markets Hit Records As IPOs Surge, Fed Cut Looms, Volatility Watch
1. Major indices, including S&P 500, reached record highs amid strong IPOs. 2. Inflation data suggests potential Federal Reserve rate cuts in upcoming meetings. 3. Positive IPO activity indicates strong investor appetite for new offerings. 4. Adobe reports strong earnings, while Restoration Hardware lowers its outlook. 5. Triple witching expiration next week may heighten market volatility.