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ID: 53748913 Video

Headline: Stock Markets Rally Amid Investor Hopes for Interest Rate Cuts in 2024

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On the morning of May 15, both the S&P and the Nasdaq hit all-time highs after new data suggested inflation may be easing in line with expectations. Quartz reports that the Dow Jones Industrial Average is also inching toward the record-breaking 40,000 mark, which it almost hit in March.

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