Dow Briefly Topped 40,000 Behind Strong Walmart Results
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Description
Major indexes pulled back but still remain near record highs after encouraging inflation numbers lifted hopes for lower interest rates.
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The S&P 500 ended its five-week win streak but is still up for May as investors maintain subdued expectations for Fed rate cuts.
Published 05/31/24
Published 05/31/24
Major indexes extended slide as investors wait for a key inflation update that may influence Fed rate discussions.
Published 05/30/24
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