[Breaking] New York Stock Market Ends Slightly Higher on Rate Cut Expectations... Nasdaq Up 0.29%
The three major indices of the U.S. New York Stock Exchange closed higher within a narrow range on the 28th (local time) as dovish remarks from Federal Reserve (Fed) officials increased expectations for an interest rate cut.
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On that day, the Dow Jones Industrial Average rose 0.24% compared to the previous session. The large-cap-focused S&P 500 index increased by 0.10%, and the tech-heavy Nasdaq index went up by 0.29%.
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