 I'm Jessica Edinger, CNBC, Wall Street, with a rate cut rally. That's what they're calling it. Fresh record highs for the S&P 500 index, which crossed 5,600 for the first time ever today. Also a record high close for the NASDAQ today. Apple shares hit their seventh straight record high. Tesla shares were up seven days in a row now. The Dow up 429 points today, more than 1%, the S&P 500 index today.