Wall Street today: S&P 500 inches toward record high; rate-cut bets firm as retailers rally, Netflix slips

Indian markets are inching towards record highs, mirroring a quiet week on Wall Street. Retailers like Ulta Beauty and Victoria’s Secret are driving gains, while Netflix’s acquisition news caused a dip. Investors are anticipating a Federal Reserve rate cut next week, aiming to bolster the job market despite inflation concerns. Global markets show mixed trends.