S&P 500 hits record high, tech sector on the move: Yahoo Finance
The S&P 500 has hit a new record high (^GSPC) as Wall Street awaits Wednesday’s highly anticipated interest rate cut from the Federal Reserve. The Home Builder Confidence Index rose to 41 in September from 39 in August as mortgage rates continue to cool. Meanwhile, the tech sector is on the move. Microsoft’s (MSFT) board approved a $60 billion share buyback program and agreed to raise the dividend by 10%. JPMorgan (JPM) could become Apple’s (AAPL) new credit card issuer, according to a new Wall Street Journal report. Other trending tickers on Yahoo Finance include Intel (INTC), Airbnb (ABNB), and Tupperware Brands (TUP).
Key guests include:3:00 p.m. ET - Kevin Mahn, Hennion & Walsh CIO3:20 p.m. ET - Jim Tobin, NAHB CEO4:00 p.m. ET - George Cipolloni, Penn Mutual Asset Management Portfolio Manager4:30 p.m. ET - Katherine Kostereva, Creatio CEO
