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Maroc Maroc - WN.COM - Business - 04/Oct 08:10

Stocks rise on AI optimism, US rate-cut hopes

Stock markets struck fresh records yesterday, driven by investor optimism over artificial intelligence and US rate-cut hopes, which overshadowed concerns about a government shutdown dragging on. Wall Street’s main indices pushed higher, with both the S&P 500 and Nasdaq Composite setting new all-time highs. While the gains have been incremental, “what counts is that there still isn’t any convincing...

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