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US close: Stocks hit new highs on AI, rate-cut hopes

By Benjamin Chiou

Date: Monday 06 Oct 2025

(Sharecast News) - Surging optimism in the AI sector and interest rate-cut hopes powered two of Wall Street's three main indices to new record highs on Monday.
The Dow slipped 0.1%, ending a six-day winning streak that sent it to a new high on Friday. However, the S&P 500 gained 0.4%...

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