The Dow climbed to a fresh record high today, as traders digested new data that pointed to further progress in lowering inflation. Wall Street was also headed for solid weekly gains. We’ll tell you all you need to know ahead of the weekend.

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

The Dow and S&P 500 each hit record highs in earlier trading. But we’ll hear from a market expert who thinks a correction back to 5,000 on the S&P is on the horizon.

Plus, we’re keeping an eye on Apple. Some troubling signs are emerging about demand for the line of new iPhone 16s. We’ll tell you all you need to know.

The S&P 500 rose to a fresh record-high on Tuesday and largely shook off a weak consumer confidence reading thanks to a sharp rise in Nvidia. Consumer confidence suffered its biggest one-month decline in more than three years, hitting 98.7 for September. Economists polled by Dow Jones expected a reading of 104. We’ll tell you all you need to know.

Shares of Intel climbed 2.4% after Bloomberg News reported that Apollo Global Management proposed to make a multibillion-dollar investment in the struggling chipmaker. We’ll discuss the details.

Plus, shares of Meta Platforms are soaring to all-time highs, with at least 2 analysts making very bullish calls on the stock ahead of the company’s big event next week. We’ll trade it in Three Stock Lunch.

Stocks are mixed today, but higher for the week following the Fed’s decision to cut rates by a half-percentage point. But today’s big story: Apple’s iPhone 16 going on sale amid some concerns about demand. We’ll track that for you. Plus, shares of Nike are higher after the company announced a change in leadership. We’ll discuss the challenges facing the incoming CEO.

Stocks are surging as traders digest the Fed’s decision to lower interest rates by a half percentage point. The Dow and S&P 500 both advanced to new intraday highs, while the Nasdaq surged nearly 3%. Traders also got further validation that the Fed was engineering a “soft landing” for the economy as weekly jobless claims fell by 12,000 to 219,000, which was far below estimates. We’ll cover the market action from all angles.

Stocks are little changed after the Fed lowered interest rates by a half-percent, making investors optimistic about a “soft landing” for the economy. The FOMC lowered its overnight lending rate to a range of 4.75%-5% from 5.25%-5.5%. We’ll break down what that means for both markets and your money, right up until Fed Chair Jerome Powell’s press conference.