US market today: Wall Street drifts near record highs; S&P 500 steady, Dow dips 51 points, Fed rate cut hopes fuel optimism
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Wall Street experienced a slight rise, poised for its best week in five, fueled by anticipation of a Federal Reserve interest rate cut. Investor sentiment is optimistic, driven by hopes that the Fed will ease rates to support growth. Mixed global market performance and rising Treasury yields reflect investor considerations of upcoming Fed actions.
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