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Fed Rate Cut Fuels Record-Breaking Rally
Description
Traders are betting on a September Fed rate cut after the U.S. revised job growth down by 911,000. Stocks surged to fresh highs, with the Dow, S&P, and Nasdaq all climbing. Oracle, GameStop, and UnitedHealth posted big wins, while Synopsys tumbled. Markets now see a 100% chance of a September cut as the bull market charges higher.
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