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S&P 500, Nasdaq Near Record Highs as Rate-Cut Bets Creep Up

The S&P 500 and Nasdaq headed toward record highs on Thursday, as President Donald Trump's growing frustration with the Federal Reserve's wait-and-watch stance on cutting interest rates fueled bets of more monetary policy easing ahead. A Wall Street Journal report said Trump has mulled picking Federal Reserve Chair Jerome Powell's...

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