Stock Market Rises as Trump Considers Fed Chair Replacement

Reported about 6 hours ago

U.S. stocks climbed on Thursday, with the S&P 500 nearing its first record close since February as bets on interest rate cuts increased. The Dow and Nasdaq also rose, driven by optimism surrounding President Trump's potential replacement for Federal Reserve Chair Jerome Powell. Meanwhile, the dollar fell to its lowest level since April 2022 amid concerns over tariffs and a weak labor market.

Source: YAHOO

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