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Bu;llish walloped profit forecasts. Shares of the crypto exchange, which went public just weeks ago, have momentum.
Stocks were roaring to record levels on Thursday as Wall Street held a delayed celebration for yesterday’s rate cut. The Dow Jones Industrial Average rose 144 points, or 0.3%. The S&P 500 was up 0.6%.
Federal Reserve Chairman Jerome Powell would be forgiven for thinking he was handed a third dimension to the central bank’s dual mandate of ensuring full employment with price stability.
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