S & P 500 is above 3,000 while the expected rates are cute

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More gains. Shares continue to rise following the testimony of Fed Chairman Jerome Powell in Congress. Investors are now seeing a rate cut at the end of the month, almost stuck.

the
S & P 500
gained 0.2%, putting it in a position to finally close above 3000. The
Dow Jones Industrial Average
increased by 132 points, or 0.5%, while the
Nasdaq Composite
was up 0.4%.