GENERAL NEWS:

Stocks moved mostly higher early in the session on Tuesday and saw continued strength throughout the trading day. With the upward move, the Dow and the Nasdaq extended their recent winning streaks to nine consecutive sessions.

The major averages saw further upside going into the close, reaching new highs for the session. The Dow advanced 251.90 points or 0.7 percent to a new record closing high of 37,557.92.

The Nasdaq climbed 98.03 points or 0.7 percent to 15,003.22 and the S&P 500 rose 27.81 points or 0.6 percent to 4,768.37, reaching their best closing levels in almost two years.

Optimism about the outlook for interest rates continued to contribute to strength on Wall Street following the Federal Reserve’s monetary policy announcement last week.

While the Fed’s latest projections pointed to three interest rate cuts next year, investors widely expect the central bank to lower rates more aggressively.

Adding to the positive sentiment, San Francisco Federal Reserve President Mary Daly said interest rate cuts are likely to be appropriate next year because of an improvement in inflation.

The Federal Reserve must make sure “we don’t give people […]

Watch out for this fellow:

These events still cause shakeouts and certainly catastrophic geocosmic events can change or end the best made plans of ‘mice and men’. 

GENERAL NEWS:

Stocks moved mostly higher over the course of the trading session on Monday, adding to the strong gains last week. The Nasdaq and the S&P 500 climbed firmly into positive territory, although the narrower Dow ended the day little changed.

While the Dow inched up 0.86 points or less than a tenth of a percent to 37,306.02, the Nasdaq rose 21.37 points or 0.5 percent to 4,740.56 and the S&P 500 climbed 90.89 points or 0.6 percent to 14,904.81.

Stocks continued to benefit from recent upward momentum, which has propelled the Dow to new record highs. The Nasdaq and the S&P 500 have also reached their best levels in nearly two years.

The major averages have moved higher for seven consecutive weeks due in part to optimism about the outlook for interest rates, with last week’s rally coming as the Federal Reserve’s latest projections hinted at three rate cuts next […]