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S&P, Nasdaq leap to highest closes in 14 months

Posted

June 16, 2023

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US stocks surged, with the S&P 500 and Nasdaq closing at their highest levels in 14 months, as the latest economic data fueled hopes that the Federal Reserve was near the end of its aggressive rate-hiking campaign.

#News #Reuters #newsfeed #WallStreet #Stocks #Nasdaq #Dow #fed #Inflation #Economy #Markets

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S&P, Nasdaq leap to highest closes in 14 months · Reuters · Sentinel