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Published 2 months ago

Stock market today: Wall Street edges back from its record heights

  • U.S stocks are close to finishing a winning month, bolstered by corporate earnings and expectations of interest rate cuts, according to some experts.
  • Companies in the S&P 500 report strong earnings and updates on U.S. Household spending, driving the economy to surpass expectations for avoiding a recession.
  • Treasury yields rose slightly, homebuilder stocks were mixed, and Intuitive Machines' lunar lander faced issues after landing near the moon's south pole.
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