Fed’s Rate Stance Sparks Stock Market Rally to Historic Peaks
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US stock indexes surged to new heights on Wednesday following the Federal Reserve’s decision to maintain interest rates and uphold its projection of three rate cuts this year. The S&P 500 (^GSPC) climbed by 0.8%, reaching a historic close above 5,200 at 5,224.62. Simultaneously, the Dow Jones Industrial Average (^DJI) surged approximately 1%, achieving a […]