Wall Street Hits Record Highs As Rate Cut Bets Offset Shutdown: This Week In Markets
1. Wall Street reached record highs, signaling strong investor sentiment. 2. Healthcare stocks surged following a deal impacting drug pricing. 3. Federal Reserve is expected to cut interest rates due to soft labor data. 4. AI tech stocks, led by NVIDIA, contributed to positive market outlook. 5. Auto industry showed mixed performance with varying sales growth.