U.S. stock markets have achieved record highs this week as investor enthusiasm, driven by hopes of further Federal Reserve interest rate cuts, continues to rise. The Dow, S&P 500, and Nasdaq all closed at fresh records, marking significant weekly gains. This upward momentum led to a strong finish for Wall Street, as stocks climbed to new heights, defying warnings about valuations. The rally has been particularly supported by positive earnings reports from companies like FedEx, with tech stocks also contributing to the market surge. Despite concerns about economic conditions, the markets have shown resilience, indicating a possible continued upward trend.