U.S. stocks hang near their records

Updated: September 16, 2025 at 9:39AM EDT

Published: September 16, 2025 at 6:10AM EDT

NEW YORK — U.S. stocks are hanging around their record heights as the countdown ticks toward what Wall Street expects will be the first cut of the year to interest rates by the U.S. Federal Reserve.

The S&P 500 was up 0.2 per cent early Tuesday. The Dow Jones Industrial Average rose 78 points, or 0.2 per cent, and the Nasdaq composite was up 0.1 per cent.

Stocks have run to records on expectations that the Fed will announce the first of many cuts to rates Wednesday. Oracle rallied on speculation that it could be part of a deal that would keep TikTok operating in the United States.

By Yuri Kageyama and Matt Ott