Wall St ends higher as data keeps Fed cut hopes intact

Wall St ends higher as data keeps Fed cut hopes intact

The Star Online - Business·2025-12-06 08:12

NEW YORK: US stocks closed out the trading week with slight gains on Friday as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest-rate cut next week intact.

In the wake of the 43-day government shutdown, market participants have been digesting delayed economic data as the backlog slowly dwindles, while also looking to secondary indicators to gauge the health of the economy.

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