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Stock market hits records as Fed removes key safety net

Biztoc.com·August 7, 2026·1 min read
Stock market hits records as Fed removes key safety net

AI Summary

The stock market reached new records with the S&P 500 hitting new highs and the Dow Jones Industrial Average surpassing 54,000 for the first time. Technology and artificial intelligence stocks contributed significantly to this upward trend.

From the source

Wall Street just got the milestone investors have been waiting for. The S&P 500hit new highs this week, and the Dow Jones Industrial Average closed above 54,000 for the first time. The Nasdaq also jumped as technology and artificial-intelligence stocks bounce…

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