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Tuesday, August 29, 2023

Wall Street: S&P 500 ends sharply higher after surprise fall in job openings

Wall Street ended on a high note, driven by strong performances from Tesla, Nvidia, and other megacap growth stocks. The increase came after a drop in job openings, indicating a potential pause in interest rate hikes by the US Federal Reserve. The S&P 500 and Nasdaq both recorded their strongest gains in weeks, with all 11 S&P 500 sectors seeing growth.

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