US stock markets at record high: S&P 500 and Nasdaq surge; rate cut hopes boost optimism despite government shutdown
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The S&P 500 and Nasdaq reached record highs Thursday, fueled by optimism for interest rate reductions and a tech stock surge from OpenAI's AI project. Despite a US government shutdown delaying economic reports, Wall Street hopes for a balanced job market slowdown to encourage Fed rate cuts, avoiding recession. What's Your Reaction?
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