Wall Street Rises on Renewed Federal Reserve Rate-Cut Hopes

US indices closed higher as easing yields and Bitcoin recovery supported renewed expectations of a December Federal Reserve rate cut.

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Wall Street Rises on Renewed Federal Reserve Rate-Cut Hopes

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Wall Street Rises on Renewed Federal Reserve Rate-Cut Hopes
US indices closed higher as easing yields and Bitcoin recovery supported renewed expectations of a December Federal Reserve rate cut.
Major US indices ended higher on December 2 as expectations strengthened around a potential Federal Reserve rate cut later this month. The Dow and S&P 500 advanced modestly, supported by easing bond yields and improved sentiment around tech. Bitcoin's rebound above $90,000 also contributed to a stronger risk on environment. 
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