Dow and S&P 500 close at record highs as investors bet on September rate cut
- The Dow rose by 743 points, ending at a new record high, with its best percentage gain since June 2023.
- The S&P 500 and Nasdaq Composite also closed at record highs, with gains of 0.6% and 0.2% respectively.
- US stocks finished higher on Monday, with the Dow leading the surge.
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