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Stock Market Today: Wall Street Ticks Up, and S&P 500 Pulls Closer to a Record on Rate-Cut Hopes
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Stock market today: Wall Street ticks up, and S&P 500 is within 1% of its record on rate-cut hopes
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Wall Street is ticking upward and near all-time highs amid hopes that Tuesday’s moves by Japan’s central bank to keep interest rates easy for investors could be a preview for the rest of the world.
Fund managers are the most overweight equities relative to cash since January 2022, according to Bank of America’s latest survey of their holdings.
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