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Stocks rise on US rate cut hopes, strong company earnings

  • Stocks generally increased due to hopes for further US interest rate cuts and strong company earnings reports.
  • Jerome Powell's remarks about the US labor market increased expectations for another interest rate cut this month, according to Patrick O'Hare from Briefing.com.
  • Both Bank of America and Morgan Stanley saw significant gains following positive earnings reports.
  • LVMH's earnings beat expectations, stimulating a rally in the luxury sector, with Steve Clayton noting signs of easing pressure on luxury goods demand.
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Stocks rise on US rate cut hopes, strong company earnings

Stocks mostly rose and the dollar retreated Wednesday on hopes for further US interest rate cuts and a solid set of company earnings.

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Barron's broke the news in New York, United States on Wednesday, October 15, 2025.
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