S&P 500 hits record as Wall Street rallies on rate cut bets

MacDailyNews
Jul 12, 2024, 3:21 pm707 ptsTop
Stocks rallied on Friday, with the S&P 500 and Dow Jones Industrial Average hitting record highs on hopes that the U.S. Federal Reserve will begin cutting U.S. interest rates as soon as September. Reuters: ‎ Some of the market’s most valuable companies bounced back after dipping in the previous session, with…

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