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Wall Street: Relief Rally with Powell's Signature - Dow Jones Hits Record High

Summary by Protothema
Best session since April as Fed chairman signals rate cut at April meeting - Strong gains across sectors, led by banks, technology and construction - Bond yields dip

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Best session since April as Fed chairman signals rate cut at April meeting - Strong gains across sectors, led by banks, technology and construction - Bond yields dip

The Dow Jones closed at 1.89%, at 45.631,74 points, S&P 500 rose at 1.52%, at 6,466.91 points, and Nasdaq advanced at 1.88%, at 21,496.54 points.

·Brazil
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Globo broke the news in Brazil on Friday, August 22, 2025.
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