US STOCKS-Wall St gains on rate cut prospects, soft landing hopes
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Published date: June 19, 2024
- Location: 3140, Notteroy, Surrey, Saudi Arabia
General Motors gains on share buyback plan
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U.S. Q3 economic growth higher than early estimates
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Indexes up: Dow 0.18%, S&P 0.62%, Nasdaq 0.88%
(Updated at 9:37 a.m. ET/ 1437 GMT)
By Shristi Achar A and Amruta Khandekar
Nov 29 (Reuters) - Wall Street's three main indexes rose on Wednesday as U.S. Treasury yields slipped to multi-month lows on growing rate cut optimism, while latest data on economic growth fueled hopes of a soft landing.
The S&P 500 and the Dow Jones are within a close range of their highest intra-day levels in 2023.
U.S.
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*
U.S. Q3 economic growth higher than early estimates
*
Indexes up: Dow 0.18%, S&P 0.62%, Nasdaq 0.88%
(Updated at 9:37 a.m. ET/ 1437 GMT)
By Shristi Achar A and Amruta Khandekar
Nov 29 (Reuters) - Wall Street's three main indexes rose on Wednesday as U.S. Treasury yields slipped to multi-month lows on growing rate cut optimism, while latest data on economic growth fueled hopes of a soft landing.
The S&P 500 and the Dow Jones are within a close range of their highest intra-day levels in 2023.
U.S.
If you cherished this article and you simply would like to acquire more info with regards to Valentine’s Day i implore you to visit our webpage.
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