The S&P 500 Posts Yet Another New High
November 04, 2019 at 08:00 AM EST
With expectations of easier monetary policy and further progress in trade negotiations the S&P 500 once again reached a new record Tuesday. While earnings week is a key dynamic in the current trading environment, the central bank is widely predicted to lower interest rates by 25 basis points this week. That would be the third time this year the Fed cuts rates, and it could be the last for a while.