Market Report - US Close

US close: S&P 500, Nasdaq hit new records on rate cut hopes

By Benjamin Chiou

Date: Wednesday 13 Aug 2025

(Sharecast News) - Rising hopes of an interest-rate cut in September pushed US stocks higher on Wednesday, with the S&P 500 and Nasdaq both settling at new all-time highs.
The Dow gained 1% to 44,922.27, its highest close since 23 July, while the S&P 500 and Nasdaq posted more modest gains,...

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