RECAP
S&P 500 Approaches All-Time High
US stocks rose, with the $S&P 500 Index (.SPX.US)$ approaching its all-time, high as optimism over potential interest rate cuts next year continued to fuel positive sentiment on the last trading week of the year.
The S&P 500 closed 0.42% higher at 4,774.75 on the first day of the holiday-shortened trading week. The $Nasdaq Composite Index (.IXIC.US)$ gained 0.5% to 15,074.57, while the $Dow Jones Industrial Average (.DJI.US)$ added 0.4...