It has been a great 2024 for Wall Street, with all three major indexes hitting multiple record highs. Easing inflation and price pressures have raised optimism surrounding rate cuts, which have fueled the rally.Dow Hits New Record HighOn Jul 15, the Dow edged up 0.5% to close at a record high of 40,211.72 points, to register its 20th record close this year. This is also the blue-chip 30 stock index’s first record close since May 17.Year to date, the index has gained 6.7% and has now ended in positive territ ...