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S&P 500 and Nasdaq Edge Higher Amid Fed Rate Cut Anticipation

  • The S&P 500 and Nasdaq rose on Monday, while the Dow remained flat, as investors anticipated a Federal Reserve interest rate cut later this week.
  • Key economic data releases and the Fed's final rate decision of the year are in focus, with a 97% chance of a 25 basis point cut.
  • Cryptocurrency stocks surged as Bitcoin briefly jumped above $106,000 following President-elect Trump's strategic reserve announcement.

Source: Mint, The Economic Times

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1mo ago
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