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Wall Street stock indexes closed higher on Friday, driven by investor bets that the U.S. Federal Reserve will cut interest rates in September. The Dow Jones Industrial Average rose 260.02 points to close at 40,013.77, marking an all-time high. The index also hit an intraday high of 40,257.24 before closing just above 40,000 at 40,000.91, up 247.13 points (+0.62%). Despite not setting a record close, the Dow ended the week up 1.59%. The S&P 500 also hit intraday record highs. However, big banks fell after reporting mixed results, and some of the market's most valuable companies bounced back after dipping in the previous session.
📈 The Dow Industrial Average surged to an intraday high of 40,257.24, but closed just above 40,000 at 40,000.91, up 247.13 points (+0.62%). Despite not setting a record close, the index showed strong performance, ending the week up 1.59%. #StockMarket #DowJones #Investing https://t.co/5kQjCVKMPi
Wall Street's main indexes closed higher on bets that the US Federal Reserve will cut interest rates in September, while some of the market's most valuable companies bounced back after dipping in the previous session https://t.co/1v43162pig https://t.co/n1UoW9jT7Y
Wall Street closed higher with the S&P 500 and Dow Jones Industrial Average hitting intraday record highs, on bets that the US Federal Reserve will cut interest rates in September, while big banks fell after reporting mixed results https://t.co/zPUZzbnrGK https://t.co/QK8F4opaBv
