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Treasury yields rose in the bond market. The latest discouraging
report on the job market further cemented expectations for cuts
to interest rates by the Federal Reserve. Traders are expecting
the Fed will make its first rate cut of the year at its meeting
next week.
On Tuesday:
The S&P 500 rose 17.46 points, or 0.3%, to 6,512.61.
The Dow Jones Industrial Average rose 196.39 points, or 0.4%, to
45,711.34.
The Nasdaq composite rose 80.79 points, or 0.4%, to 21,879.49.
The Russell 2000 index of smaller companies fell 13.07 points,
or 0.5%, to 2,381.82.
For the week:
The S&P 500 is up 31.11 points, or 0.5%.
The Dow is up 310.48 points, or 0.7%.
The Nasdaq is up 179.10 points, or 0.8%.
The Russell 2000 is down 9.22 points, or 0.4%.
For the year:
The S&P 500 is up 630.98 points, or 10.7%.
The Dow is up 3,167.12 points, or 7.4%.
The Nasdaq is up 2,568.70 points, or 13.3%.
The Russell 2000 is up 151.66 points, or 6.8%.
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