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Stock market today: S&P 500 eyes a return to its longest win streak this year

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Jerome Powell Nachrichten

Federal Reserve

Markets are marking time as anticipation builds for Fed Chair Powell's speech at Jackson Hole, expected to usher in a rate cut.

Stocks on Wall Street hit pause on Tuesday after notching their longest rally this year, amid optimism that Jerome Powell will soon signal the Federal Reserve is open to deeper interest-rate cuts than previously expected.for central bankers at the end of the week.

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