Mixed Trading on Wall Street as Markets React

U.S. stock markets experienced mixed movements as investors awaited the Federal Reserve's meeting minutes and upcoming inflation data. The Dow Jones Industrial Average rose, buoyed by gains in financial stocks, while the S&P 500 reached a record high, though the Nasdaq Composite faced pressure from Alphabet's stock, which fell due to potential antitrust actions against Google. Nvidia shares have also rallied significantly, nearing a record close, solidifying its position as the second-largest company by market cap. Meanwhile, former Pfizer executives withdrew from an activist investor campaign aimed at restructuring the company. Global markets are also influenced by geopolitical tensions and economic forecasts, particularly in relation to Chinese companies and ongoing natural disasters. Investors are anticipating a likely interest rate cut in November, reflecting a cautious approach amidst market volatility.