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US stocks rally to records on hopes for cuts to interest rates

US stocks rally to records on hopes for cuts to interest rates
business8/12/2025

The U.S. stock market rallied to records after data suggested inflation across the country was a touch better last month than economists expected.

NEW YORK (AP) — The U.S. stock market rallied to records on Tuesday after data suggested inflation across the country was a touch better last month than economists expected. The S&P 500 rose 1.1% to top its all-time high set two weeks ago. The Dow Jo... [5019 chars]