[BRIEFING.COM] The major averages continue to chart new session (and record) highs as stocks mount a broad advance on the heels of yesterday's FOMC meeting.
Smaller-cap indices are advancing even further in response to expectations of further rate cuts, with the Russell 2000 up an impressive 1.8% and the S&P Mid Cap 400 up 1.0%.
The market has not been as friendly to the handful of companies that reported earnings between yesterday's close and now, with Darden Restaurants (DRI 188.47, -20.32, -9.73%), Cracker Barrel (CBRL 48.16, -1.43, -2.88%), and FactSet (FDS 322.63, -13.41, -3.99%) all trading lower after reporting EPS misses.