US markets today: Wall Street holds near records ahead of Fed meeting; retail data and corporate results influence trading
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U.S. stocks hovered near record highs as investors awaited the Federal Reserve's anticipated interest rate cut. Strong retail sales data indicated continued consumer spending despite price pressures. Corporate earnings presented mixed results, while global markets showed modest movements amid geopolitical factors. Market attention is now focused on Fed Chair Jerome Powell’s upcoming press conference and projections. What's Your Reaction?
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