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Afternoon Rally Propels Indexes to New Highs Amid AI Enthusiasm and Fed Rate Cut Hopes
Stock Market News· 2025-10-03 02:07
U.S. equity markets demonstrated remarkable resilience and upward momentum in afternoon trading on Thursday, October 2nd, 2025, with major indexes extending their recent gains and, in some cases, hitting new all-time highs. Despite lingering concerns over a partial government shutdown, investor sentiment was largely positive, fueled by persistent enthusiasm for artificial intelligence (AI), strong corporate earnings, and expectations of further interest rate cuts by the Federal Reserve.Major Index Performan ...