Stocks Rally to Near Records on Earnings and Rate Cut Hopes
- Wall Street stock indexes near record highs, on pace for 7th straight weekly gain
- Darden Restaurants stock falls despite stronger than expected profits
- Costco stock rises on better-than-expected results and $15 special dividend
- Traders bet on Fed cutting interest rates in 2024 due to cooling inflation
- Global stocks rally on China easing property buying rules; Hong Kong market jumps