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US indices close week with steady gains as sentiment firms
US markets ended firmer as improving sentiment strengthened Fed cut expectations.
Wall Street posted a measured finish to the week with the Dow adding 104 points to 47,954.99, the S&P 500 rising to 6,870.40, and the Nasdaq closing at 23,578.13. Trading sentiment improved after early December consumer confidence climbed to 53.3, reinforcing expectations of an upcoming 25 basis point Fed rate cut with 87.2% probability.