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Dow soars 600 points as Wall Street embraces Fed rate cut hopes

todaySeptember 11, 2025

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Stocks hit record highs Thursday after August inflation data mostly matched expectations, reaffirming investors’ hopes that the Federal Reserve will cut interest rates in September.

Stocks hit record highs Thursday after August inflation data mostly matched expectations, reaffirming investors’ hopes that the Federal Reserve will cut interest rates in September.

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