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S&P 500 hits record on trade optimism, Fed rate-cut expectations

Reuters Monday, 28 October 2019 ()
The S&P 500 hit a record high on Monday, while the Nasdaq hovered just below its lifetime high touched in late July, as a more conciliatory tone between the United States and China buoyed hopes for a possible trade deal and investors anticipated a rate cut by the Federal Reserve later this week.
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