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Wall Street recently reached record highs following a rate-cut rally that had a global impact.
Market Analysis
S&P 500 and Dow Jones showed a slight retreat from their all-time highs amidst fading Federal Reserve optimism.
Week in Review
Despite a minor setback, stocks are on track for a winning week, showcasing resilience in the market.
Noteworthy Movement
Dow Jones saw a retreat from its 42,000 mark, with FedEx taking a tumble and energy stocks rallying on a Microsoft deal.
Interest Rate Impact
Following a significant interest rate cut by the Federal Reserve, stocks hit record highs the next day, showing the immediate market response to the action.
Read More of this Story at news.google.com – 2024-09-20 16:45:00
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