US stocks hold near record highs: S&P 500 and Nasdaq edge up; focus shifts to Fed rate cut hopes

Oct 7, 2025 - 20:30
US stocks hold near record highs: S&P 500 and Nasdaq edge up; focus shifts to Fed rate cut hopes

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US stock markets hovered near record highs on Tuesday with minor gains across major indices. Gold prices surged past $4,000 per ounce amid political uncertainty and inflation fears. Investors are now focused on potential Federal Reserve rate cuts, a shift from earlier government shutdown concerns.

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