The Dow Jones Industrial Average closed at a record high for a second straight day on Thursday as Wall Street continued to celebrate indications from the Federal Reserve that it could be nearing an end to its rate hike campaign. The Dow closed at 37,256, up 158 points or 0.43 percent from the day before. The major index surpassed 37,000 for the first time on Wednesday, after the Fed announced its plans to hold interest rates steady for a third consecutive meeting. ‘Soft landing in the bag’: Wall Street rallies as Fed signals rate cuts The central bank also signaled that it is likely to begin cutting rates next year, with all but three Fed officials indicating in economic p
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