S&P 500 notches record close, posts best September since 2019

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It was a roller coaster of a day on Wall Street. The three major indexes (^DJI,^GSPC, ^IXIC) managed to post small gains despite trading in the red for most of the session. Stocks ticked lower after Federal Reserve Chairman Jerome Powell indicated that future rate cuts may be smaller than September's 50 basis point cut.

Market Domination Overtime anchor Julie Hyman and Yahoo Finance Markets and Data Editor Jared Blikre recap the action at the close.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Stephanie Mikulich.