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Wall Street hit record highs on Monday amid hopes for a Fed rate cut and optimism over AI and U.S.-China trade talks.
Wall Street closed at record highs on Monday, with the S&P 500 surpassing 6,600 and the NASDAQ Composite hitting a new peak, driven by expectations of a quarter-point interest rate cut by the Federal Reserve and positive sentiment around artificial intelligence and U.S.-China trade talks.
The U.S. dollar weakened as investors embraced a risk-on outlook, while global markets showed mixed results, with European indices rising and Asia-Pacific markets fluctuating.
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Wall Street alcanzó niveles récord el lunes en medio de las esperanzas de un recorte de tasas de la Fed y el optimismo sobre AI y las conversaciones comerciales entre Estados Unidos y China.