U.S. stocks rallied Tuesday after encouraging inflation data left investors more confident that the Federal Reserve will be able to cut interest rates to support a cooling labor market. Optimism about Fed policy boosted stocks across the board, with all 11 of the S&P 500’s sectors ending the day higher. Bank stocks were among the top performers, along with shares of tech companies and airlines.
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Dow Climbs More Than 400 Points, Nearing All-Time Highs
Published 2 months ago
Aug 12, 2025 at 8:43 PM
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