US market today: Wall Street edges higher before Jerome Powell speech; Dow rises 273 points, global cues supportive
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Wall Street experienced a significant surge following Federal Reserve Chair Jerome Powell's indication of potential interest rate cuts, though without a specific timeline. The S&P 500 erased weekly losses, while the Dow Jones Industrial Average soared, fueled by investor optimism and corporate news. Bond markets rallied, and overseas markets mirrored Wall Street's positive sentiment. What's Your Reaction?
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