S&P 500 closes at a new all-time high as fresh data drives optimism for rate cuts

S&P 500 closes at a new all-time high as fresh data drives optimism for rate cuts

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None The S&P 500 notched an all-time record on Friday, closing above its previous high set two years ago. • None The Dow and Nasdaq also surged as traders took in strong economic data. • None The University of Michigan's consumer sentiment gauge jumped to its highest since 2021. Strong economic…

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