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US stocks rise on hopes Fed will leave rates unchanged

Wall Street rallied on Thursday as investors curbed their rate hike bets after US Federal Reserve Governor Christopher Waller said he would support holding the Fed funds target rate steady if data…

  • U.S. stocks rise 1% on Thursday amid hopes Fed will keep rates unchanged
  • Federal Reserve Governor Christopher Waller suggests maintaining interest rates steady
  • Nasdaq benefits from gains in AI-related megacap stocks, the Magnificent Seven

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