Nasdaq and S&P 500 Rise on Alphabet Gains and Rate Cut Hopes
Strong performance from Alphabet and investor expectations for future interest rate cuts boosted both major U.S. stock indexes.
Fact Check
The statement is directly confirmed by multiple credible sources. Evidence from Reuters (Source 5) and Investopedia (Source 4), both dated September 3, 2025, explicitly state that the S&P 500 and Nasdaq rose due to gains in Alphabet and investor optimism about a potential Federal Reserve interest rate cut.