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Nasdaq closes above 20,000 points for the first time

2 mn readThe Nasdaq composite index closed at a record high Wednesday, rallying almost 350 points for its first-ever close above 20,000. The tech-heavy index gained 1.8 percent after November’s inflation report matched expectations from economists, reinforcing expectations that the Federal Reserve will cut interest rates again at its December meeting next week. The broader S&P 500 […]

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