Wall Street hovers near record highs as the Federal Reserve initiates a significant interest rate cut to stave off a recession. The S&P 500 remains nearly unchanged, with slight movements in the Dow Jones and Nasdaq. The Fed aims to support the slowing economy and job market while carefully managing inflation risks.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/RwFoVBS
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