Dow hits fresh record after Fed chair signals possible rate cut

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New York, Aug 22, 2025 (AFP)
Wall Street rallied Friday after US Federal Reserve Chair Jerome Powell opened the door to lowering interest rates -- with the Dow closing at a fresh record for the first time since December.
The Dow Jones Industrial Average added 1.9 percent to 45,631.74, while the broad-based S&P 500 advanced 1.5 percent to 6,466.91. The tech-heavy Nasdaq Composite Index climbed 1.9 percent too to 21,496.54.
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Sumber : AFP

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