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Stocks close higher but shy of records on rate cut bets, hope for extended tariff deadline

Summary by USA Today
US stocks close higher, with S&P 500 and Nasdaq shy of record highs. Rate cut bets rise as well as hope for extended tariff deadline.

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The stakes are underway: Wall Street is preparing for a possible reduction in interest rates by the Federal Reserve. According to the original report, the futures of the Dow Jones Industrial Average increased by 0.2%, while those of the S&P 500 and Nasdaq 100 increased by 0.1%.All this happens in the midst of an uncertain economic climate and speculations about the upcoming movements of the Fed.The shares are breaking new peaksThursday was a day…

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USA Today broke the news in United States on Thursday, June 26, 2025.
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