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Read More »Dow surges 500 points as Fed-fueled stocks set sights on records
US stocks soared on Thursday amid growing optimism that the Federal Reserve’s jumbo interest-rate cut will deliver a “soft landing” for the US economy. The S&P 500 (^GSPC) climbed roughly 1.7%, while the Dow Jones Industrial Average (^IXIC) rose more than 500 points, with both trading around closing record highs. …
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