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Wall Street shows modest weekly gains amid September rate outlook
U.S. stock markets showed limited performance, supported by strong results from technology companies like NVIDIA and expectations of improved sector earnings. Investors' focus remained on the path of interest rates following Federal Reserve statements that reaffirmed the possibility of rate hikes in September due to the tightening of inflation policies. The Dow Jones, S&P 500, and Nasdaq indices rose by approximately 0.49-0.85%, while small-cap stocks declined by 1.5%. Data indicated market concerns about ongoing inflation and the continuation of the Fed's tight monetary policy.
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