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May 3, 2024

Wall Street climbs to trim its loss for the week

By STAN CHOE
AP Business Writer

NEW YORK — U.S. stocks climbed Thursday to trim the majority of their losses for the week.

The S&P 500 rose 45.81 points, or 0.9%, to 5,064.20 a day after swinging sharply when the Federal Reserve said it's likely delaying cuts to interest rates but not planning to hike them. It more than halved its drop for the week.


 
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