Dow Jones ends at record high, Russell 2000 closes higher for fifth straight day on rate cut bets

Wall Street rose as Dow hit high on U.S. retail data. Nvidia, Microsoft limited Nasdaq. Small caps, Russell 2000 gained. Dow transportation, value stocks surged. September rate cuts likely, said Greg Bassuk. UnitedHealth, Bank of America profits exceeded expectations. Mixed results for Morgan Stanley, Schwab. S&P 500 saw gains; trading volume was high.