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U.S. shutdown fears lift Wall Street on rate-cut hopes

All three major U.S. stock indexes closed higher for a third consecutive session on Tuesday, with the Dow Jones Industrial Average ending at a record high, as investors looked past the looming government shutdown and bet on potential interest rate cuts by the Federal Reserve. The Dow Jones gained 81.82 points, or 0.18%, to finish at 46,397.89, a new all-tim..

Fed holds interest rates steady amid economic uncertainty
The U.S. Federal Reserve decided on May 7 to hold its benchmark interest rate steady at 4.25–4.50%, citing solid economic indicators despite rising uncerta..

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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties: · “Efforts will be made to remove Hallyu ban quickly”; · SK Group Chairman heads to Japan to soften “WD risk”

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