US Stocks Reach New Highs Amid Rising Rate Cut Expectations
TL;DR Summary
Global stock markets reached new highs driven by expectations of a US interest rate cut in September following benign inflation data, while the US dollar weakened amid easing tariff fears and trade tensions between the US and China.
- Stocks hit fresh record high but US dollar weakens as Fed rate cut expectations gain momentum Reuters
- Stock market today: S&P 500 closes above 6,400 for first time as rate cut bets jump after CPI inflation report Yahoo Finance
- US stocks rally to records on hopes for cuts to interest rates 6abc Philadelphia
- Stock Market News From Aug. 12, 2025: S&P 500, Nasdaq Hit Closing Highs Barron's
- Stock Market News Today: Dow Closes Higher After CPI Report Shows Inflation Steady — Live Updates The Wall Street Journal
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