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CosmicTaco

Wall Street Rallies Amid Oil Price Drop

  • Wall Street surged as oil prices fell and Middle East tensions eased.
  • S&P 500 hit a record high, closing at 5,792 points, up 0.8%.
  • Fed minutes revealed debate over a 50-basis-point rate cut.
  • Tech sector outperformed, rising 1.1%, while utilities lagged.
  • Top gainers included Norwegian Cruise Line (+10.86%) and MongoDB (+6.17%).

Source: Benzinga, Kiplinger

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