Dow, S&P 500 record closes; Rare Microsoft downgrade 9/23/24
The Dow and S&P 500 closed at record highs \u2013 and our Mike Santoli gives a few market measures on why investor risk appetite is nowhere near stretched. Needham\u2019s Laura Martin and LightShed\u2019s Walter Piecyk on what their channel checks reveal from the iPhone 16\u2019s first weekend of sales. DA Davidson\u2019s Gil Luria issued a rare downgrade for Microsoft stock \u2013 he says rivals are catching up on AI. Plus, PIMCO chief emerging markets portfolio manager Pramol Dhawan on global hotspots to check out for your portfolio.