Dow, S&P 500 end at records because investors feel good about the economy — beyond the AI boom

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Dow, S&P 500 end at records because investors feel good about the economy — beyond the AI boomListen(6 min)Listen(6 min)The Dow Jones Industrial Average and S&P 500 index both scored record finishes Thursday, elevated by the Federal Reserve’s rate cut a day earlier and optimism about the economy that’s finally put a new shine on old-school components of the stock market.The Dow’s DJIA biggest gainers were Visa Inc. V, Nike Inc. NKE and Goldman Sachs Group Inc. GS, according to FactSet data. Shares of artificial-intelligence darling Nvidia Corp. NVDA were its biggest loser.About the AuthorJoy Wiltermuth is a news editor and senior markets reporter based in New York.Gordon Gottsegen covers retail investing for MarketWatch.Copyright © 2025 MarketWatch, Inc. All rights reserved.
