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Nasdaq Reaches New Record Intraday High Amid Rate Cut Optimism

After ending last Friday's session well off their worst levels but still mostly lower, stocks have moved back to the upside during trading on Monday. With the upward move, the tech-heavy Nasdaq has reached a new record intraday high.

Currently, the Nasdaq is up 181.20 points or 0.8 percent at 21,881.58 and the S&P 500 is up 22.50 points or 0.4 percent at 6,504.00. The narrower Dow has shown a lack of direction over the course of the session but is currently up 8.83 points or less than a tenth of a percent at 45,409.69.

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by RTTNews Staff Writer

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