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August 12, 2025August 12, 2025

S&P 500, Nasdaq hit record highs as market grows more confident of Fed rate cut

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US stocks extend gains at midday, pushing S&P 500 and Nasdaq to record highs. Tame inflation is fueling hopes for a September rate cut.

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Dow Jones Finds The Most Relief After In-Line U.S. CPI
S&P hits record high as stocks rise on inflation data
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