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Benzinga
Benzinga
Business
Piero Cingari

SHOCKING: Wall street hits record highs as rate cut bets offset shutdown this week in markets - What They Never Told You

Man, market up

Wall Street soared to fresh record highs at the end of the week, brushing aside the 21st U.S. government shutdown in history and a missing jobs report, as investors doubled down on bets for interest rate cuts and cheered strong gains in pharmaceutical and AI-driven tech stocks.

PFE is trading in a tight range. Check the full analysis here.

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