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U.S. stocks closed higher, with the Dow scoring a record high, after Fed Chair Powell suggested it was time to consider rate cuts again.
The Dow Jones index soars to an all-time Friday on increased hopes of a rate cut at the September Federal Reserve meeting.
Nvidia (NVDA) is getting paid for the hardware. But other Big Tech players are footing the bill for all the new computing power, hoping the new AI applications will be lucrative for them. Christine Ji ...
Stocks surged Friday and the Dow closed at its first record high of the year after Federal Reserve Chair Jerome Powell ...