US investor sentiment was buoyed by expectations of Federal Reserve rate cuts, while retail sales data had minimal impact on risk appetite. The Dow jumped 742.76 points or 1.9 percent to 40,954.48, the S&P 500 climbed 35.98 points or 0.6 percent to
![US Equities Extend Gains; Dow Surges To Record Closing High](https://img.easybranches.com/uploads/news/2024/07/us-equities-extend-gains-dow-surges-to-record-closing-high.jpg)
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