Stocks hover near record highs as Fed rate cut optimism stokes ‘Santa Claus rally’

Stocks hover near record highs as Fed rate cut optimism stokes ‘Santa Claus rally’

Upworthy

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Santa Claus has really come to town — or at least Wall Street. US stocks are set to close out the year at or near record highs as investors make optimistic bets that the Federal Reserve will cut interest rates, but experts warn the rally’s longevity into 2024 will depend on whether Fed Chair…

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