Markets today: Stocks rally as confidence in Fed wagers grows

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Stocks advanced, with the S&P 500 poised to extend last week’s rally, as traders grew increasingly confident in the likelihood that the U.S. Federal Reserve will cut interest rates this year.

Markets today: Stocks rally as confidence in Fed wagers growsEmerging-Market Trio Gets Credit-Ratings Boost on Policy TurnsHedge Funds Turn Bullish on Consumer Stocks Ahead of Potential Rate Cuts, Goldman SaysBrazil Analysts Move Toward Higher Year-End Interest Rate ForecastEurope Says Ready to Use All Trade Tools to Defend Against ChinaSouth Korea’s Probe Alleges $156 Million of Illegal Short TradesInvestors Pile Into Amgen in Search of Next Obesity Drug PayoutKretinsky, OnePoint Among Bidders...

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