US market today: Wall Street steadies after rally, tech stocks lift Nasdaq as Fed rate cut hopes stay firm
[ad_1] Wall Street drifted on Monday as investors paused after last week’s rally on expectations of more interest rate cuts from the Federal Reserve. The S&P 500 held near its record high, the Dow Jones Industrial Average dropped 234 points or 0.5% as of 12:13 pm Eastern, while the Nasdaq composite rose 0.3%, AP reported.Gains…