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Here's what else happened today: The Fed won't cut rates at all in 2025 , Deutsche Bank says. The area of the stock market investors should avoid next year , according to Wells Fargo.
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Tech stocks soared on Wednesday, boosted by the prospect of a rate cut at next week's Fed meeting. Tesla stock jumped 6% to an all-time high.
Tesla's stock price reached $420 on Wednesday afternoon, which elicited responses from social media users and the company's CEO, Elon Musk. "As foretold in the prophecy," Musk wrote in an X post ...
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Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more. News, Politics, Sports, Mail & Latest Headlines - AOL.com