S&P 500, Nasdaq reach record highs amid Fed cut, election rally

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While the Dow Jones Industrial Average (^DJI) ended Thursday practically flat, the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) extended their post-election run. Stocks are still digesting the Federal Reserve's 25-basis-point cut to interest rates that was announced earlier today.

Yahoo Finance's Julie Hyman and Jared Blikre monitor shifts in the Russell 2000 (^RUT) and the bond market (^TYX, ^TNX, ^FVX), also recapping the day's sector winners and losers.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.