S&P 500 Nears Record Close After Fed Hints of Interest-Rate Cut

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S&P 500 Nears Record Close After Fed Hints of Interest-Rate Cut
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The S&P 500 closed at a record and the 10-year yield dipped below 2% as the prospect of a fresh rate cut boosted stocks and bonds

• S&P 500 Tops April 30 Closing High in Intraday Trading • Index Recently Up 0.8% to 2949.08 • Index Would Need to Close at or Above 2945.83 to Top April Closing Record

The S&P 500 was within striking distance of a new closing record Thursday, after the U.S. Federal Reserve suggested it would cut interest rates if the economic...

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