US Stock Indices Rise For Third Day On Rate Cut Expectations

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All three benchmark US indices closed higher yesterday in the third straight session as investors continued to gain hope that there was a greater chance of the Federal Reserve cutting interest rates this year.
The Dow Jones Industrial Average rose 0.46 percent, the S&P 500 gained 1.03 percent and the Nasdaq Composite jumped  1.19 percent.

Disclaimer: This press release is sourced from News On AIR, Prasar Bharti and Press Information Bureau India (PIB).

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