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The Dow Jones Industrial Average achieved a second consecutive record close, driven by positive U.S. economic data that has heightened expectations for a Federal Reserve interest rate cut in September. Wall Street's main indexes ended higher, with notable gains from Tesla and Amazon. The fresh economic data has bolstered hopes that the Fed will implement a modest rate cut, potentially easing financial conditions. This optimism has contributed to the upward momentum in the stock market, with investors anticipating more favorable borrowing costs.
Wall Street stocks rose and the Dow scored a second consecutive all-time closing high, with Tesla and Amazon climbing after fresh US economic data raised expectations that the Fed will cut interest rates modestly in September. Read more here: https://t.co/5Vw0OMRnrM $TSLA $AMZN https://t.co/T7NMvkSMeT
🚀 The Dow Jones hits a new all-time high as strong U.S. economic data boosts hopes for a Fed rate cut in September!📊 . . . #StockMarket #DowJones #Tesla #Amazon #FederalReserve #Investing #MarketTrends #Nvidia #UltaBeauty Read👇 https://t.co/zQUKtzQJZ4
Wall Street's main indexes ended higher with the Dow scoring a second consecutive record close, after fresh economic data raised expectations that the Federal Reserve will cut start cutting interest rates in September https://t.co/a0WvqKKO50 https://t.co/AiCqkMCuSU
