Wall St ends higher as data keeps Fed cut hopes intact


The Dow rose 104.05 points, or 0.22%, to 47,954.99, the S&P 500 gained 13.28 points, or 0.19%, to 6,870.40 and the Nasdaq gained 72.99 points, or 0.31%, to 23,578.13.

NEW YORK: US stocks closed out the trading week with slight gains on Friday as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest-rate cut next week intact.

In the wake of the 43-day government shutdown, market participants have been digesting delayed economic data as the backlog slowly dwindles, while also looking to secondary indicators to gauge the health of the economy.

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